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hedge fund manager ackman

phoenix.com technology news: on september 2, beijing time, american billionaire hedge fund manager bill ackman joined the ranks of those who criticized the brazilian court for banning x.the ruling is likely to drive away investors and harm brazil.

last friday, brazilian supreme court judge alexandre de moraes ordered the country's internet service providers to block users from accessing x because x boss elon musk refused to appoint a legal representative in brazil to handle the removal request of accounts involved in spreading political false information. in addition, moraes also ordered the freezing of the bank account of musk's starlink.

musk blasted moraes over the weekend, claiming to expose his crimes. "today, we started a daily post of the crimes committed by the fake "judge" @alexandre (moraes) that violated brazilian law! he can block x in brazil, but he can't stop the world from knowing about his illegal, shameful and hypocritical behavior. karma, bro."

musk says he will expose morais' crimes

ackman responded to musk's tweet, saying that the "illegal closure of x and freezing of starlink's bank accounts has rapidly made brazil an uninvestable market."

according to local brazilian website g1, all judges of the brazilian supreme court will gather for a meeting as early as monday.discussing this ban will likely support morais’ ruling.brazil's chief justice luis roberto barroso seemed to hint at supporting the ruling in an interview with the newspaper folha, saying without specifically mentioning x that a company would not be allowed to operate if it did not have legal representation in the country. (author/xiao yu)

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