Anthony Scaramucci Calls Out Trump Media's Truth API for Selling Wall Street a Speed Advantage to 'Front-Run' Trades

Taking to X in a recent video post, Scaramucci called the initiative a "scheme hiding in plain sight, and almost no one’s talking about it." He directly accused the company of facilitating an uneven playing field for the financial sector at the direct expense of regular traders.

"Truth Social is going to sell hedge fund managers millisecond advantages on Trump’s tweets so that they can front-run other people’s trades," Scaramucci warned.

Interim CEO Kevin McGurn embraced the platform’s financial influence as a selling point, stating, “Markets already move on Truth Social posts.” He added that the API advances their strategy to monetize assets through ...