Trump Sued Over $100K Truth Social Feed as Trump Media Eyes Prediction Market Data Deals
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On August 12, Citizens for Responsibility and Ethics in Washington, Yale Law School’s Media Freedom and Information Access Clinic, the Public Integrity Project and Altshuler Berzon LLP sued former President Donald Trump in Manhattan federal court over the Truth API, which delivers Truth Social posts to paying subscribers for up to $100,000 a month. The litigation poses legal and reputational risks for the platform that could hinder adoption, partnerships or any future crypto monetization or token launch and is likely negative for market confidence.
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US President Donald Trump was sued on August 12 in federal court in Manhattan over Truth API, the Truth Social feed that delivers his posts to paying subscribers for as much as $100,000 a month.
Citizens for Responsibility and Ethics in Washington filed the complaint alongside Yale Law School’s Media Freedom and Information Access Clinic, the Public Integrity Project, and Altshuler Berzon LLP.
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