General

Brazil judge seizes cash from Starlink to cover fine imposed on Elon Musk’s X

Enlarge / Supporters of former President Jair Bolsonaro participate in an event in the central area of Sao Paulo, Brazil, on September 7, 2024. Bolsonaro backers called for the impeachment of Supreme Court Justice Alexandre de Moraes. (credit: Getty Images | NurPhoto )

Brazil seized about $2 million from a Starlink bank account and another $1.3 million from X to collect on fines issued to Elon Musk’s social network, the country’s Supreme Court announced Friday.

Supreme Court Judge Alexandre de Moraes previously froze the accounts of both companies, treating them as the same de facto economic group because both are controlled by Musk. The Starlink and X bank accounts were unfrozen last week after the money transfers ordered by de Moraes.

Two banks carried out orders to transfer the money from Starlink and X to Brazil’s government. “After the payment of the full amount that was owed, the justice (de Moraes) considered there was no need to keep the bank accounts frozen and ordered the immediate unfreezing of bank accounts/financial assets,” the court said, as quoted by The Associated Press.

Read 7 remaining paragraphs | Comments

Shares:

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *