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Trump Media & Technology Group controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2026

    Freedom of the Press Foundation and The Intercept sue Trump Media over Truth API early-access service

    Lawsuit filed

    The Freedom of the Press Foundation and news outlet The Intercept filed a lawsuit in New York federal court on Wednesday against Trump Media and Technology Group over its Truth API service, which charges Wall Street firms $60,000 to $100,000 per month for early access to market-moving Truth Social posts. The plaintiffs allege the service violates First Amendment equal-access rights and Fifth Amendment prohibitions on unreasonable conditions for government resources, and seek to bar the White House from posting official government announcements exclusively on Truth Social.

    Company response

    • Denial — Trump Media & Technology

    Source excerpt

    • The lawsuit was filed by the Freedom of the Press Foundation and news outlet The Intercept in New York federal court Wednesday.
    • The monthly subscription was rolled out Aug. 1 and charges Wall Street firms a monthly fee of $60,000 to $100,000 in exchange for early access to market-moving posts from Truth Social accounts with large followings, including Trump’s own account with 13 million followers.
    • President Donald Trump was sued in federal court this week over a Truth Social service that sells Wall Street traders early access to his posts on tariffs, war and other market-moving policy for a six-figure price.
  2. 2023

    Alleged Russian-linked financing investigation

    Reporting described an investigation into whether an $8 million financing arrangement involving entities connected to Russian-linked individuals raised money-laundering or disclosure concerns. TMTG disputed related reporting and pursued litigation against media organizations.

  3. 2023

    SEC fraud charges involving DWAC

    The SEC charged DWAC with misleading investors over aspects of its communications and agreed to an $18 million civil penalty tied to completion of the merger.

  4. 2022

    Regulatory subpoenas and board departures

    SEC, FINRA, a New York grand jury and DWAC received or issued subpoenas concerning the proposed transaction and related business practices. Several TMTG directors departed around the same period, creating a governance controversy.