Brazil's top court says X paid pending fines to wrong bank | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Monday
July 14, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
MONDAY, JULY 14, 2025
Brazil's top court says X paid pending fines to wrong bank

Global Economy

Reuters
06 October, 2024, 12:45 pm
Last modified: 06 October, 2024, 01:14 pm

Related News

  • SpaceX to invest $2 billion in Musk's xAI startup: WSJ
  • Elon Musk's X platform probed in France for alleged data tampering and fraud
  • Musk's Tesla marks formal India entry with Mumbai launch event
  • Trump tariff on Brazilian goods could jack up US burger price
  • Trump's Brazil tariff rattles coffee market, could raise prices in US

Brazil's top court says X paid pending fines to wrong bank

The payment of the fines, which X lawyers argued that the company had paid correctly, is the only outstanding measure demanded by the court in order to authorise X to operate again in Brazil

Reuters
06 October, 2024, 12:45 pm
Last modified: 06 October, 2024, 01:14 pm
The X account of Elon Musk in seen blocked on a mobile screen in this illustration after Brazil's telecommunications regulator suspended access to Elon Musk's X social network in the country to comply with an order from a judge who has been locked in a months-long feud with the billionaire investor, Sao Paulo, Brazil taken August 31, 2024. Photo: REUTERS/Jorge Silva//File Photo
The X account of Elon Musk in seen blocked on a mobile screen in this illustration after Brazil's telecommunications regulator suspended access to Elon Musk's X social network in the country to comply with an order from a judge who has been locked in a months-long feud with the billionaire investor, Sao Paulo, Brazil taken August 31, 2024. Photo: REUTERS/Jorge Silva//File Photo

Brazil's Supreme Court said on Friday that lawyers representing social media platform X did not pay pending fines to the proper bank, postponing its decision on whether to allow the tech firm to resume services in Brazil.

The payment of the fines, which X lawyers argued that the company had paid correctly, is the only outstanding measure demanded by the court in order to authorise X to operate again in Brazil.

X has been suspended since late August in Brazil, one of its largest and most coveted markets, after not complying with court orders related to hate speech moderation and failing to name a legal representative in the country, as required by law.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Earlier on Friday, X, owned by billionaire Elon Musk, filed a fresh request to have its services restored in Brazil, saying it had paid all pending fines.

In response to the request, Supreme Court Justice Alexandre de Moraes requested the payment to be transferred to the right bank.

He also determined that once fines are sorted out, Brazil's prosecutor general will give his opinion on the recent requests made by X's legal team in Brazil, which has been seeking to have the platform restored in the country.

Following Moraes' decision on Friday, X lawyers again asked the court for authorization to resume operations in Brazil, denying that the company had paid the fines to the wrong account and saying they do not see the need for the prosecutor general to be consulted before the ban is lifted.

After reversing course and following the top court's orders in recent weeks, including blocking some accounts under investigation, the company asked the court on Sept. 26 to allow it to resume service in Brazil.

Moraes, however, ruled at the time that X still needed to pay just over $5 million in pending fines before the suspension was lifted.

On Friday, X's lawyers told the Supreme Court that the company had paid 28.6 million reais ($5.24 million) in fines, according to a document seen by Reuters.

 

Top News / World+Biz

X (twitter) / Elon Musk / Brazil

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • TBS Sketch
    Framework agreement: What experts say about US 'security concerns' regarding Bangladesh
  • Representational image. Photo: Mohammad Minhaj Uddin/TBS
    Navy-run Dry Dock takeover boosts Ctg Port container handling, daily avg up 7%
  • BNP Secretary General Mirza Fakhrul Islam Alamgir speaks at a book unveiling event in Dhaka on 13 July 2025. Photo: Collected
    Fakhrul alleges conspiracy to eliminate Tarique from politics

MOST VIEWED

  • RAB Director General AKM Shahidur Rahman speaks at the press briefing on a fake bomb threat on Biman Bangladesh flight on Saturday, 12 July 2025. Photo: TBS
    Mother faked bomb threat on Biman flight to stop married son from flying with girlfriend: RAB
  • Bangladeshi garment workers make clothing in the sewing section of a factory in Gazipur, Bangladesh, April 9, 2025. Photo: REUTERS/Mohammad Ponir Hossain/File Photo
    Some Walmart garment orders from Bangladesh on hold due to US tariff threat
  • Infographic: TBS
    Dollar price plummets by Tk2.9 in a week as demand wanes
  • From Gulf to Southeast Asia, why Bangladeshis are facing visa denials
    From Gulf to Southeast Asia, why Bangladeshis are facing visa denials
  • Bangladesh and US hold tariff talks on 11 July 2025. Photo: CA Press Wing
    Dhaka, Washington yet to agree on 20% of US tariff conditions: BGMEA
  • Energy Adviser Fouzul Kabir Khan speaking about tariff negotiations with United States on 13 July 2025. Photo: TBS
    US wants a framework agreement with Bangladesh that includes their security concerns: Fouzul

Related News

  • SpaceX to invest $2 billion in Musk's xAI startup: WSJ
  • Elon Musk's X platform probed in France for alleged data tampering and fraud
  • Musk's Tesla marks formal India entry with Mumbai launch event
  • Trump tariff on Brazilian goods could jack up US burger price
  • Trump's Brazil tariff rattles coffee market, could raise prices in US

Features

Photo: Collected

Grooming gadgets: Where sleek tools meet effortless styles

9h | Brands
The 2020 Harrier's Porsche Cayenne coupe-like rear roofline, integrated LED lighting with the Modellista special bodykit all around, and a swanky front grille scream OEM Plus for the sophisticated enthusiast looking for a bigger family car that isn’t boring. PHOTO: Ahbaar Mohammad

2020 Toyota Harrier Hybrid: The Japanese Macan

1d | Wheels
The showroom was launched through a lavish event held there, and in attendance were DHS Motors’ Managing Director Nafees Khundker, CEO Imran Zaman Khan, and GMs Arman Rashid and Farhan Samad. PHOTO: Akif Hamid

GAC inaugurate flagship showroom in Dhaka

1d | Wheels
After India's visa restriction, China's Kunming is drawing Bangladeshi patients

After India's visa restriction, China's Kunming is drawing Bangladeshi patients

2d | Panorama

More Videos from TBS

When the Threat Is Inside the White House

When the Threat Is Inside the White House

3h | Others
Shooting in Pallabi: What the police are saying

Shooting in Pallabi: What the police are saying

4h | TBS Stories
News of The Day, 13 JULY 2025

News of The Day, 13 JULY 2025

6h | TBS News of the day
Countries where Bangladeshis are not getting positive responses to their visa applications

Countries where Bangladeshis are not getting positive responses to their visa applications

5h | TBS Stories
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net