More than 10 firms pay up to $100k a month for access to Truth Social posts

Insider trading as a service. No one is going to take the US seriously for the next 50 years.

If a rival political party takes power in 2029 and they decide to do nothing about this, are they complicit?

If the cops drive past a mugging, observe, and then drive on past allowing the law to go unenforced, are they not just as corrupt as the robbers?

Curious: are there any republicans left on HN? I have no concept of how you can defend this

When I first heard saw headlines about this I thought it was so outlandish that it couldn’t possibly be real. Yet here we are.

It’s amazing how much corruption is occurring for so little money. A million dollars a month is peanuts for such clear graft.

I think most of us who have lived through many presidents understood that there was a decency required of the holder of the office that acted as the only true limit on their corruption. It's confounding that so many people in the US can't see it for what it is.

Official "insider-knowledge-as-a-service". No surprise who the first clients are.

Why is this not being stopped by us jurisdiction? Or at least why does the rest of the world does not decouple from those markets?

I'm surprised this isn't an impeachable offence.

Everyone involved should have their ankles broken so we can know them by their walk.

It's not even that much money for the reputational damage. Wild.

$100k seems cheap for the potential front running

we've reached the "yes, we're cheating, do something about it" stage of corruption

Why would anyone want to pay that much for something, unless it gives them some edge.

I don't know if it is still a thing, but in the world of penny stocks and crypto there used to be subscription pump and dump channels, where influencers would charge $x / month, and coordinate pumps. "Signal" channels, as they were named.

This can't be too different. If not even more straight forward insider stuff.

Either that, or it is just another way to bribe your way closer to Trump.

Business idea for Trump: Sell access to his Truth Social posts, but bake in some latency. Those that pay most, will get to see the posts first (via API). Then after X minutes of posting the posts will go live for everyone to see. How fast you want to see the post between publishing and public access, depends on how much you want to pay. The less latency, the more you need to pay.

Now that this has proven successful and without recourse, I fully expect Musk to do the same for his tweets on Twitter.

Functionally I suppose it's the same thing, but are they paying for access to Truth Social, or early access to Trumps posts?

Are there anything else of "value" on Truth Social. I haven't signed up for Truth Social, but is there actually anything else going on, besides Trumps post. Would any company have any reason to be on the platform, if Trump wasn't?

Corruption.

A bribe.

Even before this insiders had access to the prez. I am glad this presidency is making very apparent the inherent flaws with the US government.

The most corrupt US administration in history and it isn't even close.

Capitalism implodes on itself, just as predicted..

I don't think anyone would have predicted that Karl Marx would ever end up being as vindicated as he turned out to be.

> The group is expanding into areas including cryptocurrency holdings and clean-energy investments.

Wait, what? Clean energy investments, from the Trump admin? Sounds like a protection racket.

The signs of rampant insider trading in the US were there since congress allowed it indirectly with no-one caught, leading to this.

Where was the outrage when Pelosi and several members of congress were buying and selling stocks and front-running key legislation being passed that directly affected certain stocks in question? That sort of corruption was largely (and deliberately) ignored.

Now we have lead it to the point where corruption like this is allowed because no one was caught in the first place.

To quote what Pelosi said herself when asked about this conflict of interest: "We’re a free market economy, They (law makers) should be able to participate in that.” [0]

Essentially she has green-lighted said corruption, which she and others (except for AOC) have zero integrity even when both Trump and them are just as corrupt.

[0 ]https://www.cnbc.com/2021/12/16/nancy-pelosi-federal-lawmake...

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I pay a dollar here and there to promote my homepage so people will actually see it. I guess being a president really helps. I wish people would just pay a dollar to read my posts someday