Brazil's Supreme Court ordered funds to be moved from Starlink and X bank accounts to pay fines levied against Elon Musk's social media venture. The court found that X had repeatedly violated Brazilian law when it refused to appoint a legal representative in the country, and when it refused to remove content or profiles from its platform that the court determined to be harmful towards democratic institutions in Brazil.
Brazil's supreme court said Friday that it ordered funds to be moved from Starlink and X bank accounts to pay fines levied against Elon Musk 's social media venture.
Following the transfers, the court ordered that the seized bank accounts and assets of X and Starlink be unfrozen, saying there was no longer any need to keep them.that it ordered banks to transfer funds from Starlink and X accounts to pay fines the court levied against Elon Musk's social network.
The court had nearly 18.4 million Brazilian reals, or approximately $3.3 million, transferred out of the accounts. Musk acquired X, then known as Twitter, in 2022. Starlink is the satellite internet service run by SpaceX.Following the transfers, the court ordered that the frozen bank accounts and assets of X and Starlink be released, saying there was no longer any need to keep them.
Bolsonaro has been accused of instigating Brazil's Jan. 8 riots and of attempting to stage a coup there. Musk is a proponent of Bolsonaro, in part because the former Brazilian president authorized his business Starlink to operate in the country., his long-time collaborator at the helm of SpaceX, COO Gwynne Shotwell, also took shots at the Brazil supreme court online.Backers of de Moraes and the STF have seen the orders against X Corp. as an assertion of Brazilian sovereignty.
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