• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

X Platform Stopped in Brazil by Court Order

user avatar

by Giorgi Kostiuk

2 years ago


  1. Reasons and Background
  2. Ongoing Tussle
  3. Future of X Platform in Brazil

  4. X, formerly known as Twitter, a social media platform, has been halted in Brazil by an order of a Brazilian Supreme Court judge following Elon Musk's refusal to name a legal representative for the company.

    Reasons and Background

    According to an Associated Press report from August 30, Justice Alexandre de Moraes carried out his threat to shut down X’s activities in Brazil if Musk did not designate a legal counsel by August 29. The platform claimed it was defying Moraes' unlawful demands to suppress his political opponents.

    Ongoing Tussle

    It is uncertain what X plans to do next for its users in Brazil. According to Musk, Justice Moraes was a “dictator” and “evil” due to the alleged unlawful political censorship. Moraes initiated an investigation into X because of the spread of false material on former Brazilian president Jair Bolsonaro. Users in Brazil who utilize the X platform said they could still access it. Of the approximately 217 million people living in the nation, about 20 million use X.

    Future of X Platform in Brazil

    The decision came after satellite provider Starlink announced on August 29 that Justice Moraes had blocked the business’s Brazilian finances. Starlink is a subsidiary of Musk’s other firm, SpaceX. Meanwhile, a US district court sided with Elon Musk and Tesla in the DOGE manipulation lawsuit, stating that Musk’s tweets were “aspirational and puffery.”

    The future of the X social media platform in Brazil remains uncertain. The Brazilian Supreme Court's decision may impact millions of users' access and set a precedent for other countries.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

CME Group and NASDAQ Set to Launch Crypto Index Futures

chest

CME Group and NASDAQ announced plans to launch crypto index futures on June 8, covering a range of cryptocurrencies including Bitcoin, Ethereum, and more.

user avatarKenji Takahashi

Short-Term Holder SOPR Signals Selling Pressure in Bitcoin

chest

The Short-Term Holder SOPR metric indicates selling pressure in Bitcoin as short-term holders exit positions around breakeven.

user avatarGustavo Mendoza

Bitcoin Struggles to Surpass $82,000 as Short-Term Holders Sell

chest

Bitcoin struggles to break above $82,000 as short-term holders sell into strength, creating a narrow technical squeeze in the market.

user avatarMaria Fernandez

Bitcoin's Realized Cap Indicates Capital Inflow Recovery

chest

Glassnode reports a recovery in Bitcoin's Realized Cap, indicating renewed capital inflow into the market, though levels remain below previous thresholds.

user avatarRajesh Kumar

Bitcoin's Relative Unrealized Loss Sees Significant Decline

chest

Bitcoin's Relative Unrealized Loss has significantly declined to 8, indicating a shift in investor sentiment from fear to uncertainty.

user avatarMiguel Rodriguez

Regulatory Changes Spark Institutional Interest in South Korean Crypto Market

chest

Regulatory changes in South Korea are encouraging institutional investments in crypto exchanges.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.