• About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
Strategic Wealth Pro
Advertisement
  • Business
  • Politics
  • Investing
  • Stocks
No Result
View All Result
  • Business
  • Politics
  • Investing
  • Stocks
No Result
View All Result
Strategic Wealth Pro
No Result
View All Result
Home Business

Trump Media sues Brazil Supreme Court judge who battled Elon Musk

February 20, 2025
in Business
0
Trump Media sues Brazil Supreme Court judge who battled Elon Musk
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Trump Media and its fellow conservative-oriented social media company Rumble on Wednesday sued a Brazil Supreme Court justice whose clash last year with Elon Musk led to the blocking of Musk’s own social media firm, X, in that country.

The Tampa, Florida, federal court lawsuit accuses Justice Alexandre de Moraes of allegedly illegal attempts to censor a “well-known politically outspoken user” of Rumble with orders to suspend that user’s U.S.-based accounts.

The new lawsuit suit notes that Trump Media’s social media site Truth Social “relies on Rumble’s cloud-based hosting and video streaming infrastructure to deliver multimedia content to its user base.”

“If Rumble were to be shut down, that shut down would necessarily interfere with Truth Social’s operations, as well,” the suit says.

The suit was filed a day after Brazil’s prosecutor-general charged the country’s former president, Jair Bolsonaro, with an attempted coup as he tried to remain in office following his 2022 election loss. Bolsonaro — who was invited to President Donald Trump’s inauguration last month — is accused of participating in a plot with nearly three dozen other people, which allegedly planned to poison current Brazil President Luiz Inacio Lula da Silva and kill Moraes.

Trump had been the majority owner of Trump Media stock shares. In December, the then-president-elect transferred his entire stake of shares to a revocable trust of which he is the sole beneficiary.

The suit mentions Musk’s feud with Moraes, when the justice suspended X in Brazil for Musk’s defiance of requests to ban some user accounts and remove content that Moraes said violated the country’s laws.

Brazil’s Supreme Court also suspended bank accounts in that country of X and Starlink, the satellite internet service provider owned by Musk’s company SpaceX, as part of that battle.

Musk, who is also the CEO of Tesla, has been tasked by Trump to oversee a wide-ranging effort to cut federal government suspending and employee headcount.

Trump Media CEO Devin Nunes in a statement Wednesday on the suit said that the company “is firmly committed to upholding the right to free expression.”

“This is not just a slogan, it’s the core mission of this company,” Nunes said. “We’re proud to join our partner Rumble in standing against unjust demands for political censorship regardless of who makes them.”

Trump Media last week reported a net loss of nearly $401 million for 2024, and revenue of just $3.6 million.

The company in a statement last week said that about half of the $61 million in cash used in operating activities in 2024 “comprised legal expenses including costs related to the Company’s March 2024 merger with a special purpose acquisition company.”

“Partly as a result of obstruction by the Biden-era Securities and Exchange Commission, which turned the process into one of the longest SPAC mergers in history, [Trump Media] incurred significant legal expenses related to its merger and has brought litigation seeking to recoup its damages,” the suit said.

This post appeared first on NBC NEWS

Previous Post

This Is How I Crush The Benchmark S&P 500 In Any Market

Next Post

How crazy popcorn buckets became big business for movie theaters

Next Post
How crazy popcorn buckets became big business for movie theaters

How crazy popcorn buckets became big business for movie theaters

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 strategicwealthpro.com | All Rights Reserved

    No Result
    View All Result
    • Business
    • Politics
    • Investing
    • Stocks

    Copyright © 2025 strategicwealthpro.com | All Rights Reserved