President Donald Trump has been sued over the sale of early access to his posts on Truth Social. Trump Media first announced plans for the service in July, pitching it to Wall Street firms and institutional investors seeking faster access to Truth Social content. But the business has also raised legal and ethical questions because Trump's family remains the majority shareholder of Trump Media. Trump Media said Truth API is "expected to provide the company with a new revenue stream." Trump Media said much of its overall loss was related to declines in cryptocurrencies.