San Francisco City Attorney David Chiu announced the lawsuit in California state court, arguing that the Truth API feed — which allows paying subscribers to see Trump's posts before the general public — is a "corrupt business scheme" that amounts to insider trading. The suit specifically challenges the program under California's Unfair Competition Law, as well as federal statutes prohibiting insider trading by public officials.
The White House has defended Truth Social, with spokesperson Davis Ingle recently calling it the "most powerful and popular social media platform in the world" — a claim The Verge notes is objectively false by any credible metric.
The lawsuit comes amid ongoing scrutiny of how Trump Media monetizes the president's social media presence. Early access to Trump's posts is reportedly priced at $100,000, according to The Hill. San Francisco's complaint seeks to halt the practice and impose penalties for what it calls an illegal business model.
Neither Trump Media nor the White House has publicly responded to the specific allegations in the lawsuit.