White House · Donald Trump · New York · DAN (Do Anything Now) · The Block
The plaintiffs allege that Trump frequently uses Truth Social to announce government policies
Compiled by KHAO Editorial — aggregated from 3 sources. See llms.txt for citation guidance.
✓ KHAO Verified
McGurn defended Truth API during Monday's call, describing it as a feed of publicly available posts delivered "fractionally faster" than through other channels.
Key facts
- Those customers pay "in the range of $60,000 to $100,000 per month," McGurn said during the company’s second-quarter earnings call on Monday
- Trump Media also reported $360.6 million in unrealized and other accounting losses tied to digital assets during the first half of 2026
- The Intercept and Freedom of the Press Foundation filed the complaint in the U.S. District Court for the Southern District of New York, alleging the service gives subscribers preferential access
- The plaintiffs allege that Trump frequently uses Truth Social to announce government policies, personnel changes and military actions while holding roughly 41% of its parent company, Trump Media
Summary
President Donald Trump and several White House officials were sued Wednesday over a Truth Social service that gives paying customers faster access to potentially market-moving posts, all while Trump Media explores licensing the platform's data to prediction markets. The Intercept and Freedom of the Press Foundation filed the complaint in the U.S. District Court for the Southern District of New York, alleging the service gives subscribers preferential access to official government announcements for up to $100,000 per month. The lawsuit names Trump, White House Deputy Chief of Staff Dan Scavino, presidential executive assistant Natalie Harp, the Executive Office of the President and the White House Office as defendants. The service, known as Truth API, delivers posts from Trump and other major Truth Social accounts faster than they become available to the public. Those customers pay "in the range of $60,000 to $100,000 per month," McGurn said during the company’s second-quarter earnings call on Monday.