Bloomberg and two HFT firms reportedly pay up to $100K a month for early access to Trump posts
- —Bloomberg, Susquehanna and Jump Trading are the first reported buyers of the Truth Social API
- —The 50-millisecond head start costs up to $100,000 a month, with a $60,000 floor
- —Trump Media says it has signed more than 10 clients but has not named them
- —Intercept Media and the Freedom of the Press Foundation sued over the service in August
Why it matters: The arrangement sets a precedent for selling privileged access to a sitting president's market-moving statements, undercutting equal access to information.
Source: DiarioBitcoin
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