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Story summary
- U.S. President Donald Trump was sued in New York federal court on August 12, 2026 by The Intercept, the Freedom of the Press Foundation and CREW.
- The suit challenges the Truth API, launched August 1, 2026, which charges $60,000-$100,000 for posts.
- Trump Media has signed over 10 contracts, mainly with high-frequency traders.
- Trump holds a 52.1% stake in $1 billion-valued company, which the suit says violates First and Fifth Amendments.
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