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www.axios.com · 6d

Exclusive: TMTG CEO declines to comment on Truth API investigations

Trump Media and Technology Group CEO Kevin McGurn declined to comment on investigations into Truth API when asked onstage at Axios' annual Media Trends Live event in New York City on Tuesday.Why it matters: Democratic lawmakers have called for investigations into TMTG's Truth API product, alleging faster access to President Trump's market-moving posts would constitute insider trading.What he's saying: McGurn said "some of these investigations are ongoing, so I can't really comment on them specifically.""We do our diligence, obviously, present all the different details of the business back to them when asked and we're just going to continue along with our business," he said."Listen, we hear from all sorts of government agencies all the time. We're one of the most scrutinized businesses on the face of the planet," he said. "There's not a day that goes by where we don't have those conversations. Just don't want to get too far ahead of it."Catch up quick: TMTG launched Truth API earlier this year, selling faster access to posts from Truth Social's top 10 trending accounts.Democrats criticized the move and asked the SEC to investigate whether the product violates federal securities law…

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