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Hind Al Soulia - Riyadh - NEW YORK — US President Donald Trump was sued on Wednesday by two media outlets seeking to shut down a controversial new service that offers paid access to his posts on his Truth Social platform.
The lawsuit, filed in US District Court in Manhattan, notes that Trump’s posts on his own social media site often move financial markets with announcements about government policy, military actions and other decisions.
“President Donald Trump is charging $100,000 per month for advance access to his official government announcements on Truth Social, the social media platform he owns,” the civil suit says.
“This scheme is extraordinary, corrupt, and unconstitutional, and plaintiffs bring this case to stop it,” the suit says. “There is no legitimate interest, let alone a significant one, in permitting President Trump to profit from selling government information.”
The suit was filed by The Intercept Media, a news organization, and by the Freedom of the Press Foundation, a non-profit group.
The complaint challenges Truth API, a feed offered by Trump Media & Technology Group that charges up to $100,000 a month for early access to 10 high-profile Truth Social accounts, including Trump’s own.
Truth API launched on August 1, four days after Democratic Senators Elizabeth Warren of Massachusetts and Adam Schiff of California called on the US Securities and Exchange Commission to investigate whether it undermined the integrity of financial markets while enriching Wall Street, wealthy insiders and Trump.
The White House did not immediately respond to a request for comment.
Trump has long used Truth Social to disclose news, such as on tariffs and Middle East conflicts, that can move prices of stocks, oil and other markets.
Wednesday’s lawsuit seeks to block the White House from posting official government announcements exclusively on Truth Social while the paid feed exists.
In the complaint, the plaintiffs called the Truth API service “profoundly corrupt” because the president stands to gain financially when subscribers sign up.
They also said the service violated the US Constitution’s First Amendment because everyone deserved equal access to Trump’s announcements, and there was no legitimate government interest in selling Trump’s posts to private subscribers and letting him profit.
According to the complaint, many of Trump’s 9,000 to 11,000 Truth Social posts and reposts during his second White House term were never followed by official White House statements.
A Trump Media spokesperson said “countless” platforms and news outlets, including many offering subscription feeds, already disseminate information from Trump, a Republican.
“Now, left-wing activists are trying to wrongfully weaponize the courts to censor him” and harm shareholders, the spokesperson said.
On an earnings call on Monday, Trump Media interim Chief Executive Kevin McGurn said Truth API enabled subscribers to get news “fractionally faster” than others.
The president is Trump Media’s largest shareholder, with a 41.3 percent stake worth approximately $950 million through his Donald J. Trump Revocable Trust, Reuters data show.
His oldest son Donald Trump Jr. is a Trump Media director and oversees the trust. Other accounts offered through Truth API include those of Vice President JD Vance, Health and Human Services Secretary Robert F. Kennedy Jr., FBI Director Kash Patel and the White House itself, the complaint said.
In addition to Trump, the suit names as defendants the president’s executive assistant, Natalie Harp and White House Deputy Chief of Staff Dan Scavino, who are each known to post to Truth Social on behalf of the president; the Executive Office of the President; and the White House Office.
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