特朗普媒体与科技公司(TMTG)推出了Truth API付费数据服务，向华尔街机构投资者提供Truth Social平台上最具影响力账户的实时数据流[1]。该服务预计于8月1日向机构客户提供毫秒级实时数据访问，收费标准最高达每月10万美元[1]。特朗普在Truth Social上拥有约1300万粉丝，是平台最具影响力的账户[1]。
这项服务随即引发政治争议。民主党参议员伊丽莎白·沃伦和亚当·希夫致函美国证券交易委员会(SEC)，质疑该服务的合法性[1]。前总统伦理顾问理查德·佩因特表示，出售政府信息可能构成内幕交易[1]。特朗普通过其子女监管的信托持有Trump Media约41%的股份[1]。
对此，TMTG发言人为Truth API进行了辩护，称参议员误解了该服务[1]。
Trump Media & Technology Group (TMTG) has launched the Truth API, a paid data service offering real-time information streams from the most influential accounts on its Truth Social platform to institutional investors.[1] The service is set to begin availability to institutional clients on August 1st, providing millisecond-level access to live data.[1] Monthly subscription fees reach as high as $100,000 for high-speed access.[1]
The service has sparked controversy due to potential insider trading implications. Trump holds approximately 41 percent of Trump Media's shares through a trust controlled by his children.[1] His own account on Truth Social commands roughly 13 million followers, making it the platform's most influential account.[1] Democratic Senators Elizabeth Warren and Adam Schiff have raised concerns about the arrangement, sending a letter to the Securities and Exchange Commission (SEC) questioning whether the service violates insider trading laws.[1] A TMTG spokesperson defended the service, characterizing the senators' concerns as a misunderstanding and describing Truth API as involving "insider trading based on publicly available information."[1] Richard Painter, a former presidential ethics advisor, has suggested that selling government information could constitute insider trading.[1]