Trump Media hired firms to scrape Truth Social user data
Trump Media hired firms to illegally scrape Truth Social user data, contradicting official platform policies.
Event / Politics
Trump Media Truth API Launch
Trump Media & Technology Group announced a new paid data service called Truth API providing high-frequency trading firms millisecond-level access to Truth Social posts from high-ranking accounts, including President Trump's posts, launching August 1.
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2026-08-15 to 2026-11-12 · UTC publication dates
Coverage begins 17 Jul, 00:32 UTC
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What happened
Trump Media hired firms for unauthorized scraping of Truth Social data
Trump Media reported that firms have been scraping Truth Social data for months in violation of the platform's terms of service. The company stated it is creating friction for unauthorized data scrapers and encouraging firms to use the official Truth API service instead.
Trump Media & Technology Group announces Truth API data feed service for Wall Street
Trump Media & Technology Group announced it will launch Truth API, a paid data feed providing real-time access to posts from high-ranking Truth Social accounts, including President Trump's posts. The service will deliver posts to Wall Street trading firms and financial institutions in milliseconds, ahead of regular platform notifications. The company said it has already signed up customers and expects to launch the service on August 1.
Trump has used Truth Social to announce Iran war, tariff decisions
In recent months, President Trump has announced policy decisions and statements on Truth Social including posts about the Iran war, tariffs, and ICE enforcement operations in U.S. cities. His Iran-related posts are considered particularly significant for financial markets because investors are concerned about oil price impacts on inflation and Federal Reserve interest rate decisions.
Trump Media stock has declined 70 percent since president took office
Stock in Trump Media & Technology Group has plunged 70 percent since President Trump took office last year, indicating significant performance challenges for the company amid competition from larger social media platforms.
President Trump has 12.9 million followers on Truth Social platform
President Trump is the highest-profile user of Truth Social with 12.9 million followers. His eldest sons Donald Trump Jr. and Eric Trump, as well as the White House, also have several million followers on the platform. The president has frequently used Truth Social to announce major policy decisions.
Trump Media announces Truth API pricing and revenue expectations
Trump Media & Technology Group's interim CEO Kevin McGurn stated that the Truth API will deliver posts in milliseconds and is designed for high-frequency trading firms and algorithmic traders most impacted by delays in information. McGurn described the service as providing a meaningful, ongoing revenue stream for the company, though specific pricing was not disclosed at the announcement.
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2 alternative perspectives
Trump Media launches Wall Street data feed service amid stock decline
Trump Media launches Wall Street API service amid significant stock decline.