San Francisco just filed a lawsuit against Truth Social’s parent company, Trump Media & Technology Group—centering on a “low-latency” paid Truth API. Here’s the dispute: Truth Media launched a paid interface (reportedly since Aug 1) that claims it can deliver posts from high-profile accounts—like Donald Trump, @WhiteHouse, and VP JD Vance—up to ~50 milliseconds faster than standard users. The API costs up to $100,000 per month, with multi-year discounts (down to about $60,000). At least 10+ customers have reportedly signed on, including entities tied to high-frequency trading and financial news. San Francisco argues that even a 0.05-second edge is invisible to normal users but potentially massive for algorithmic traders, who can process signals and place orders extremely quickly. The city also cites timing-linked examples: oil allegedly dropped ~5% after a Truth Social post about canceling an Iran strike; cattle futures reportedly fell after another post about federal action and tariff changes. Trump Media denies wrongdoing, saying the case blurs public vs. non-public information. The legal question: when does “faster delivery” become an unfair advantage? #SanFrancisco #TruthSocial #HighFrequencyTrading #MarketFairness #Regulation #TechLaw
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