In a city long accustomed to the collision of technology and consequence, San Francisco has filed suit against Trump Media, alleging that its Truth Social platform sells early access to posts in a way that may allow some users to trade on information before the rest of the world can see it. The case, led by District Attorney David Chiu, centers on a mechanism called the Truth API and raises a question as old as markets themselves: who gets to know first, and what are they permitted to do with that knowledge? Former federal prosecutors suggest the conduct may cross from civil wrong into crimina