Trump Tests the Definition of <em>Insider Trading</em>
Launched this weekend, it provides users a raw feed of “market-moving” posts from the “highest-ranking Truth Social accounts”—the top one being Trump’s, which has 13 million followers. Typically, social-media users encounter split-second lag times before being notified about new posts; Truth API purports to minimize delays. It’s aimed at investment firms that can afford the subscription price (Trump Media has not publicized the cost, but The Wall Street Journal and others have reported that it’s up to $100,000 a month), and promises traders an advantage over their competitors.
- ▪Launched this weekend, it provides users a raw feed of “market-moving” posts from the “highest-ranking Truth Social accounts”—the top one being Trump’s, which has 13 million followers.
- ▪Typically, social-media users encounter split-second lag times before being notified about new posts; Truth API purports to minimize delays.
- ▪It’s aimed at investment firms that can afford the subscription price (Trump Media has not publicized the cost, but The Wall Street Journal and others have reported that it’s up to $100,000 a month), and promises traders an advantage over t
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| Publication time | 2026-08-04T19:08:00-04:00 |
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The Atlantic DailyTrump Tests the Definition of Insider TradingA new Truth Social subscription service is another way for the president to profit from his office.By Will GottsegenAaron Schwartz / Bloomberg / GettyAugust 4, 2026, 7:08 PM ET ShareSave This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here.For Donald Trump, social media is a fundamental component of the presidency.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Atlantic.
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