TechSan Francisco sues Trump Media over paid early access to Trump's posts
CBS San Francisco reports that the city alleges Truth Social's $60,000-to-$100,000-a-month feed violates California's Unfair Competition Law by giving wealthy investors early access.
TLDR
San Francisco sued Trump Media & Technology Group over Truth Social's paid early-access feed, CBS San Francisco reports. The service includes posts from President Donald Trump and other top accounts. City Attorney David Chiu alleges that selling early access to government information creates a marketplace for insider trading, giving wealthy trading firms an advantage over ordinary investors.
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San Francisco sues Trump Media over paid early access to Trump's posts
CBS San Francisco reports that the city alleges Truth Social's $60,000-to-$100,000-a-month feed violates California's Unfair Competition Law by giving wealthy investors early access.
TLDR
San Francisco sued Trump Media & Technology Group over Truth Social's paid early-access feed, CBS San Francisco reports. The service includes posts from President Donald Trump and other top accounts. City Attorney David Chiu alleges that selling early access to government information creates a marketplace for insider trading, giving wealthy trading firms an advantage over ordinary investors.