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Ed Krassenstein, co-founder and CFO of NFTz.me and leader at Forum Advertising LLC, notes that Trump Media will launch a paid Truth API on August 1. The new API will provide stock traders, hedge funds, and institutional investors with faster, real-time access to President Donald Trump's Truth Social posts for a fee.
Krassenstein claims this move continues what he calls the Trump family's pattern of corruption.
Krassenstein has previously reported on stock purchases made by President Trump's investment accounts ahead of a tariff policy pause. He has also argued that a proposed 20% shipping fee on oil from the Middle East could raise global prices and affect the U.S.. The new paid Truth API comes as traders look for ways to monitor market-relevant signals.