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Brazil punishes Elon Musk, seizes $3 million from his companies

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Brazil’s Supreme Court has announced that one of its judges, Alexandre de Moraes, who has waged a relentless campaign against Elon Musk, has ordered the transfer of $3 million frozen in the accounts of two companies owned by the American billionaire to the state..

The court said in a memo on Friday that de Moraes “ordered the transfer of 18.35 million reais ($3.28 million) frozen” in accounts belonging to the X platform and Starlink, a satellite internet services company, in Brazil to the state..

The Brazilian Supreme Court said in a statement that de Moraes ordered the transfer of more than $1.3 million from a bank account belonging to X and about $2 million from a Starlink account.».

She announced that the judge made the decision on Wednesday, and that the banks holding the accounts of the two companies were informed on Thursday that they had complied with the decision..

The penalty was imposed on Musk’s companies due to fines owed to the social media platform, which has been blocked in Brazil by order of the same judge since August 30..

The judge is taking issue with the platform for not suspending accounts accused of spreading misinformation and for refusing to appoint a legal representative in Brazil..

In addition to blocking the platform, the judge froze the accounts of X and Starlink to ensure payment of fines imposed on the social network..

X is used by 22 million people in Brazil, the largest number in Latin America..

The court added: “After the full amount due was paid, the judge considered that there was no need to keep the bank accounts frozen and ordered the freeze to be lifted immediately.”».

On August 31, X was banned nationwide, and De Moraes set a daily fine of $9,000 for anyone using a VPN. (VPN) To use it.

The company claimed that De Moraes wanted legal representation so that local authorities could exercise their influence..

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