π° Media groups sue over Trump's paid social access
Media groups have filed a lawsuit against Trump Media & Technology Group regarding Truth Social's paid access feature. The suit was filed by The Intercept Media and the Freedom of the Press Foundation in federal court. This action challenges the Truth API service, which was launched earlier this month with high fees. Critics argue this practice is profoundly corrupt, potentially allowing investors to profit from market-moving government information. TMTG defends the service, stating that countless platforms disseminate his information, while company shares dropped more than 6% on Wednesday. π°