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Wall Street Execs Bolt From Trump’s ‘Insane’ Cash Grab
['Annabella Rosciglione', 'Annabella.Rosciglione Thedailybeast.Com', 'Got A Tip', 'Send It To The Daily Beast', 'Cameron Adams', 'Leigh Kimmins', 'Will Neal']
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Trump Media describes it as providing firms “a direct, licensed, real-time feed of the platform’s most market-moving Truths.”
“So if the president’s Truth Social posts are being monetized, and if some people get special access to them, that’s misappropriated information,” Jones said.
“And by giving people his posts early, he is also violating his duty of trust and confidence.
Brendan McDermid/REUTERSTruth Social has claimed that offering early access to Trump’s posts to investors does not amount to insider trading.
“Truth API offers customers the fastest way to ingest publicly available Truth Social data.