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Truth Social Legalizes Insider Trading
['Jonathan V. Last']
The Bulwark
(Photo illustration by Sarah Rogers/ The Bulwark / Photos: Truth Social, Getty, Shutterstock)1.
The InsiderLast week reports surfaced that the Trump Media & Technology Group—the parent company of Truth Social—is looking to ship a new product.
Donald Trump is an innovator in the field of corruption and Truth API is something we’ve never seen before: A device that legalizes insider trading and turns Trump’s Truth Social account into something like a Bloomberg terminal.
In order to understand what’s happening here, we’re going to have to talk about social media platforms, market manipulation, and flash trading.
And it points to yet another vulnerability in America’s economic and social order.