Trump Media & Technology Group Corp.
(NASDAQ:DJT) is monetizing President Donald Trump’s social media platform by offering Wall Street ultra-fast access to his online posts, a controversial move that Anthony Scaramucci argues is explicitly designed to let elite hedge funds exploit everyday retail investors.
A 'Scheme Hiding in Plain Sight' The growing controversy centers on the newly announced Truth API, a B2B data feed launching Aug. 1.
The service provides institutional investors with real-time, low-latency access to Donald Trump’s statements.
While Trump Media and Technology Group frames this as a lucrative new data-licensing product, critics are sounding the alarm over the ethical implications of intentionally selling first-look access to market-moving updates.
