#donald-trump-jr — Trump Fail

Trump's Media Company — Which He Owns Nearly 60% Of — Will Sell Wall Street a Millisecond Head Start on His Own Market-Moving Truth Social Posts for Up to $100,000 a Month, Letting High-Frequency Traders Trade on Presidential Announcements Before the Public Even Sees Them

Trump Media & Technology Group unveiled "Truth API," a paid, licensed data feed that gives banks and high-frequency trading firms "the fastest" access to posts from the 10 most influential Truth Social accounts — Trump's being "by far the most prominent" — delivering them to paying clients up to a thousandth of a second before the public gets them. The fee runs up to $100,000 per month, or $60,000 a month on a three-year plan. It launches August 1, 2026, and the company says it has already signed up customers, including high-frequency trading firms and financial news organizations. The value is obvious and specific: Trump's posts routinely move markets. On April 2, 2025, his "Liberation Day" tariff post helped send stocks down nearly 5%; days later, "THIS IS A GREAT TIME TO BUY!!!" — announcing a 90-day tariff pause — sent them up 9.5%, adding $4 trillion to the S&P 500; his June 2025 "THE CEASEFIRE IS NOW IN EFFECT" post instantly moved oil. Selling a head start on those announcements to the fastest traders is, in effect, monetizing advance access to U.S. government policy. Ordinary conflict-of-interest law would bar a federal official from owning a company that profits off his office — but the president and vice president are explicitly exempt from that provision, and Trump owns roughly 60% of Trump Media (a stake worth about $2 billion on paper, held in a revocable trust controlled by Donald Trump Jr.). Ethics experts were blunt. Kathleen Clark of Washington University: "He's selling expedited, privileged access to information about what he is doing as president... yet more brazen corruption, an improper exploitation of government power to enrich himself." The Project on Government Oversight's Dylan Hedtler-Gaudette: "It's odious, selling access to the highest bidders." The move comes as Trump Media flails — DJT stock is down roughly 70% since he took office, closing around $9.66 against a pre-inauguration price near $40, with losses topping $1 billion — making the one asset that still reliably prints money the presidency itself.

Trump Bragged from the Oval Office That He Dropped Crypto Investigations — "You're Lucky I'm President!" — While His Financial Disclosure Shows He Made $1.4 Billion from Crypto, His Memecoin Lost Investors $3.8 Billion, He Pardoned the Binance Founder Who Pleaded Guilty to Money Laundering, and His SEC Chair Dropped Cases Against Companies That Donated to His Inauguration

President Trump told cryptocurrency figures from the Oval Office: "Every time I see a crypto guy where they dropped an investigation, I said, 'You're lucky I'm president!'" His 2025 financial disclosure, filed days earlier, shows he made $1.4 billion from crypto — $636 million from the $TRUMP memecoin and nearly $800 million from World Liberty Financial, a venture he co-founded with his sons. Meanwhile, nearly one million investors who bought the $TRUMP memecoin lost a combined $3.81 billion as the token crashed 97% from its peak. Trump profited whether the price went up or down — he collected returns whenever anyone traded the tokens, which he promoted on Truth Social. His SEC chair Paul Atkins — who holds $6 million in personal crypto assets — dropped or dismissed at least a dozen crypto enforcement cases, including meritorious litigation against Binance, Coinbase, and Kraken. Crypto-related enforcement fell 60%. Trump pardoned Changpeng Zhao, the Binance founder who pleaded guilty to money laundering in 2023. Binance then deployed engineers to build World Liberty Financial's stablecoin and holds 86% of all USD1 tokens. Companies whose cases were dropped — Coinbase, Kraken, Ripple, Robinhood, Crypto.com — had each donated at least $1 million to Trump's inauguration. At the 2025 memecoin gala dinner, 19 of the top 25 holders were likely foreign nationals. Justin Sun, a Chinese billionaire facing SEC fraud charges that were paused by the Trump administration, held the top spot. Freight Technologies bought $20 million in tokens explicitly to "advocate for fair trade." Rep. Greg Casar: "The Trump family has made over $5 BILLION in corrupt crypto deals. Now Trump is openly bragging that his government won't investigate cryptocurrency-related crimes. Corruption, plain and simple." Senator Gillibrand proposed banning elected officials from issuing memecoins. The president of the United States stood in the Oval Office and boasted about dropping investigations into the industry that made him a billionaire.