THIS IS NOT GOOD. 🤯 The President of the United States just started SELLING early access to his own posts. Here's what happened: • Trump Media launches "Truth API" today • $100,000 a month for faster access to Trump's posts • $60,000 a month if you sign a 3-year contract • Covers the platform's 10 most-followed accounts, plus an archive back to 2022 • Buys Wall Street a few MILLISECONDS of head start on posts that move markets • Customers have already signed up. Company won't say who The part nobody's saying out loud: Trump's own family is the largest shareholder in the company collecting these fees. Two sitting US Senators, Schiff and Warren, already sent the SEC a letter this week calling it an "outrageous abuse of the President's office." Legal experts are openly questioning whether this brushes up against insider trading law. One Wall Street executive, quote, on the record: "It's insane." A sitting president is now charging Wall Street for a speed advantage on his own words. And Wall Street is paying.
Crypto JargonShare


Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.