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Trump Media’s plan to sell access to Trump’s posts draws calls for SEC scrutiny


Trump Media’s plan to sell access to Trump’s posts draws calls for SEC scrutiny

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Rep. Ritchie Torres asked the SEC to investigate whether Trump Media & Technology Group's Truth API, which will sell Wall Street firms faster access to Truth Social posts starting August 1, violates federal securities law. The probe highlights regulatory and security risks for monetized social media products and could influence crypto-related fundraising, token launch strategies and broader adoption as SEC scrutiny may set a precedent for treating access-based monetization as a security.

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Rep. Ritchie Torres has asked the Securities and Exchange Commission (SEC) to investigate whether Trump Media & Technology Group’s new Truth API violates federal securities law.  The product will sell Wall Street firms faster access to President Trump’s Truth Social posts beginning August 1. Can the President monetize access to his social media posts?  New...
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