$BTW $APR $ACU 😆 Trump was sued for selling posts to traders
Trump Media launched the Truth API — a paid service for funds and traders that provides ultra-fast access to posts from 10 influential Truth Social accounts.
💰 The price is about $1.2 million per year.
Now The Intercept and the Freedom of the Press Foundation, with support from CREW, have filed a lawsuit against Trump.
⚖️ The plaintiffs argue that you can’t sell paid access to the president’s official statements before journalists and regular users get them. The lawsuit cites violations of the First and Fifth Amendments to the U.S. Constitution.
For algorithmic traders, the difference of a few milliseconds can have real financial value.
The presidential post → milliseconds of advantage → $1.2 million per year.
The U.S. market has found a new level of monetizing a news hook 😂
Trump Media launched the Truth API — a paid service for funds and traders that provides ultra-fast access to posts from 10 influential Truth Social accounts.
💰 The price is about $1.2 million per year.
Now The Intercept and the Freedom of the Press Foundation, with support from CREW, have filed a lawsuit against Trump.
⚖️ The plaintiffs argue that you can’t sell paid access to the president’s official statements before journalists and regular users get them. The lawsuit cites violations of the First and Fifth Amendments to the U.S. Constitution.
For algorithmic traders, the difference of a few milliseconds can have real financial value.
The presidential post → milliseconds of advantage → $1.2 million per year.
The U.S. market has found a new level of monetizing a news hook 😂