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Trump Media’s new Truth API is raising serious questions about market fairness and insider advantages.
According to Fortune, more than 10 customers mostly high-frequency trading firms are paying between $60,000 and $100,000 per month to access Donald Trump’s Truth Social posts milliseconds before the wider public.
Trump’s comments can move stocks, oil, cryptocurrency and wider financial markets. Although Trump Media argues that it is simply providing faster access to publicly available information, critics believe it creates an unfair advantage for wealthy traders.
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