US President Donald Trump was sued on August 12 in federal court docket in Manhattan over Reality API, the Reality Social feed that delivers his posts to paying subscribers for as a lot as $100,000 a month.
Residents for Accountability and Ethics in Washington filed the grievance alongside Yale Regulation Faculty’s Media Freedom and Data Entry Clinic, the Public Integrity Venture, and Altshuler Berzon LLP.
It calls the association “extraordinary, corrupt, and unconstitutional,” argues that the First Modification ensures equal entry to presidential bulletins and that the Fifth Modification bars charging unreasonable sums for them, and asks the court docket to cease this system.
Feed Prices $100,000 Month-to-month
Trump Media launched Reality API on August 1 as a business-to-business subscription carrying low-latency entry to posts from the ten most-followed Reality Social accounts, amongst them @realDonaldTrump, @WhiteHouse, and Vice President JD Vance. Entry prices $100,000 monthly, or $60,000 for purchasers who commit to a few years.
Greater than ten clients have signed, interim Chief Government Officer Kevin McGurn stated within the firm’s second-quarter launch. Direct consumers are primarily high-frequency buying and selling companies that ingest the posts to tell algorithmic buying and selling, McGurn instructed Axios in an interview. Trump Media filed with the SEC.
He stated the corporate would additionally disrupt scrapers that acquire the identical posts without cost.
“We’re going to create quite a lot of friction for these of us that aren’t coming to us immediately,” McGurn said.
Prediction Markets Exchange Crypto.com Construct
McGurn stated in the course of the earnings name that Trump Media is evaluating licensing the feed to prediction market operators and is weighing offers with giant language mannequin builders.
The grievance quotes these remarks again, describing the prediction market plan as one that might facilitate betting on the president’s bulletins.
Trump Media terminated its Trump Media Group CRO Technique enterprise with Crypto.com on August 7, and Cronos (CRO) fell below $0.05, its lowest value since October 2023.
Each firms now plan a advertising and marketing settlement placing Crypto.com’s prediction markets in entrance of Reality Social customers, changing the embedded integration introduced in October 2025 that lifted CRO 10% in an hour.
McGurn stated the sector is already crowded with established firms, and Intercontinental Trade has dedicated round $2 billion to Polymarket.
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