Story perspectives
Intercept, Freedom of the Press Sue Trump Media Over Truth API
By Drooid · · How we work
1 of 1
Story summary
- The Intercept and Freedom of the Press Foundation sued Trump Media in New York, seeking a preliminary injunction.
- The lawsuit targets the Truth API, which charges Wall Street subscribers $100,000 for real-time top posts.
- Former prosecutors say the scheme likely breaches the Securities Exchange Act, anti-corruption statutes and the Trade Secrets Act.
- A hearing on the injunction request is set for Oct. 7 at the Manhattan federal courthouse.
