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Trump Sued Over Early Truth Social Post Sales

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President Trump is facing a federal lawsuit over his plan to sell early access to his Truth Social posts. The lawsuit, filed in federal court, alleges that Trump “stands to gain financially by giving ‘market-moving’ government information to those who are willing and able to pay his personal company.” This arrangement could violate securities laws and conflict of interest rules by allowing paid subscribers to trade on non-public information.

The complaint argues that Trump’s control over his social media platform and his presidency creates an unprecedented conflict of interest. Critics say the plan exploits his official position for private profit, potentially harming regular investors who lack such early access to his statements. The case highlights ongoing legal scrutiny of Trump’s business dealings while in office.

Legal experts note that the lawsuit could set a precedent for how sitting presidents manage financial interests in media companies. The outcome may influence future regulations on insider trading and the use of social media for government communications. The court has yet to set a hearing date.