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Story summary
- San Francisco filed a lawsuit against Trump Media over its $100,000-a-month Truth API.
- City Attorney David Chiu cited California’s Unfair Competition Law in the complaint.
- The complaint alleges violations of federal ethics, anti-corruption and insider-trading statutes.
- Truth API provides subscribers a 50-millisecond head start on President Donald Trump’s posts for $100,000 monthly.
- San Francisco seeks an injunction banning the API and $2,500 penalties per violation.
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