Congressman Ritchie Torres is demanding the SEC investigate Truth Social’s new $100K/month API that gives institutional investors real-time access to Donald Trump’s posts—raising alarms that it could violate securities laws, create market manipulation, and tilt the playing field against everyday investors. With lawmakers like Chuck Schumer calling it “insider trading” and John Thune acknowledging it’s uncharted legal territory, the platform’s parent company defends the API as just fast access to public data, while facing ongoing lawsuits and prior SEC scrutiny.
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