Donald Trump was sued by two media entities seeking to shut down a new service that sells paid access to the U.S. president's posts on his Truth Social platform.
- Donald Trump is being sued by media entities over a new service, Truth API, that charges for early access to his Truth Social posts.
- The lawsuit alleges the service is 'profoundly corrupt' and violates the First Amendment by allowing Trump to profit from government announcements.
- Trump Media defends the service, calling the lawsuit a 'weaponize the courts to censor him' and harm shareholders.
Topics: Political endorsements opposition, Legal regulatory, Pro innovation government policy, Enforcement actions litigation, Securities law asset classification
Tags: #truthsocial #donaldtrump #truthapi #paidaccess #financialmarkets #sec #lawsuit #firstamendment #trumpmedia
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