Wall Street firms pay up to $100,000 for faster access to Elon Musk's posts on Truth Social
Trump Media's service offers a 50-millisecond advantage for viewing his posts on Truth Social, launched in July. The service is accessed by high-frequency trading firms and faced legal challenges and congressional scrutiny.
- The service gives subscribers an advantage regarding the posting time of Trump on Truth Social.
- Trump Media and Technology Group announced the faster-access product in July.
- Susquehanna International Group and Jump Trading are firms specializing in high-frequency trading.
- Intercept Media and the Foundation for Press Freedom sued Trump in August.
- Democratic Senators Elizabeth Warren and Adam Schiff asked the SEC to investigate the service.
Outlets: Cyprus Mail, Handelsblatt, HotNews.ro, Mint, The Japan Times, Times of India (Top)
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