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Trump's latest ethical failure

 
 
 
J

Jimmy Higgins

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Trump is trying to sell earlier access to his Truth Social posts for $100,000 a month. Stock Market traders would look to that to be able to make rapid trades based on the reported information from the US President as it would impact the market. IE the President is selling insider information.
article said:
For Trump Media & Technology Group, the core belief you'd have to hold as a shareholder is that the Truth Social ecosystem can be turned into a real business, not just a headline machine. The Truth API announcement fits squarely into that story, because it attempts to convert influence into recurring, enterprise-grade data revenue at a time when the company is generating about US$3.7 million in sales and posting very large losses. In the short term, the key catalysts now sit around whether institutional demand for this feed actually materializes at meaningful pricing, and whether that traction starts to change the conversation about "no meaningful revenue." The risk side has shifted too: execution on a complex B2B data product, ongoing board turnover, and the still‑pending fusion-focused merger now sit alongside valuation concerns after a recent bounce in the share price.
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This is the most brazenly unethical thing Trump has proposed.
 
Martha Stewart must be super pissed.

If she's still living.

Tom
 
Bronzeage said:
A fool and his money are soon parted..q
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Is it? This is about using AI to get data fractions of a second before the rest of the world, and then executing trades on that insider information. It is tricky, but it is something that can be done today. And Trump is selling access for people to do exactly that. It is remarkably unethical to the point it should be a crime.
 
Jimmy Higgins said:
Bronzeage said:
A fool and his money are soon parted..q
Click to expand...
Is it? This is about using AI to get data fractions of a second before the rest of the world, and then executing trades on that insider information. It is tricky, but it is something that can be done today. And Trump is selling access for people to do exactly that. It is remarkably unethical to the point it should be a crime.
Click to expand...
Except only a fool would believe anything Trump says.
 
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