Compass Investments

Trump Media, a company founded by Donald Trump, announced that Wall Street trading firms will be offered paid access to the presidents Truth Social posts before they become publicly availablea move that could be viewed as the sale of insider information.

For example, companies will be able to pay for access to a Truth Social interface that provides real-time access to posts from Truth Social accounts with the largest number of followers fractions of a second before they appear on the platform.

Trump Media and Technology Group operates the social network Truth Social, where President Trumps account has 12.9 million followers. LINE_BREAP Kathleen Clark, a conflict-of-interest expert at the University of Washington School of Law, called the new services even more blatant corruption and an abuse of public office for personal gain.

She added: He is selling expedited and exclusive access to information about what he is doing as president.

According to available information, Trump Media is operating at a loss and hopes to increase its revenue by monetizing its own assets within the app.

The new service will target trading firms with revenues in the billions of dollars that compete for access to the latest news as early as possible. Any time they manage to save before the news becomes public is key to successfully closing a profitable deal.

Truth Social claims that its data has already been used by some firms, and the company will crack down on such third-party activities in the interest of its own paid access service.

At first glance, this paid access appears to be a clear form of insider trading by the administration, which is already facing numerous allegations and investigations.

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Indeed, as CNN reported this week, Trump used his Truth Social account to promote the stocks of several major companies just a few days after purchasing hundreds of thousands of dollars worth of shares in those companies.

It is reported that Trumps account was used to promote the stocks of 20 different companies, including Nvidia, Tesla, and American Eagle, a few days after he purchased shares in them.

Meanwhile, a longtime U.S. government speechwriter was suspended without pay after he allegedly earned more than $100,000 by using Trumps prepared speech texts for insider trading on the Kalshi prediction market.

Gabriel Perez reportedly placed bets on dozens of prediction markets related to Trumps speeches in just three months and was subsequently flagged by the Commodity Futures Trading Commission.

According to sources, the agency is trying to reach an agreement with Perez, who has worked for Trump since 2016.

This is just one of many examples of insider trading in the Trump administration linked to trading on prediction markets. Signs of insider trading have also been observed in markets related to military operations against Venezuelan leader Nicolás Maduro and Iran.

Insider trading and information leaks are reportedly also occurring in the oil futures markets, as well as, it is believed, in the context of the ongoing peace talks between the U.S. and Iran.

The website Drop Site reports that during these negotiations, Iranian officials informed Vice President J. D. Vance that Trumps special envoy Steve Witkoff and his son-in-law Jared Kushner are using insider information about the negotiations to profit in the financial markets, which threatens to derail any deal.

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