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a tough guy meets a tough guy, musk, 24 million yuan was confiscated

2024-09-14

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the reporter learned from the brazilian supreme court that the court has ordered the confiscation of 18.35 million reais (about 24 million yuan) from the brazilian branches of two companies owned by musk. however, musk still maintained a tough attitude.

brazilian supreme court: fine + unblocking

it is understood that chief justice alexandre de moraes has ordered the confiscation of 18.35 million reais (about 24 million yuan) from the social media platform "x" owned or controlled by musk and the brazilian branch of the satellite broadband network service provider "starlink" to pay the fine in full. among them, "x" brazil was fined 7.2821 million reais, and "starlink" brazil was fined 11.0679 million reais.

it is reported that after the confiscation of the above funds, the bank accounts of the two companies have been unblocked. however, the social media "x" is still banned in brazil.

on august 30, the brazilian supreme court ruled to suspend x's services in the country because the platform did not designate a legal representative in brazil. justice de morais of the brazilian supreme court also required x to pay the unpaid fine. the fine was due to x's failure to comply with court orders and to fail to delete accounts that were deemed to have violated the law, spread false information, etc. after x refused to pay the fine and designate a legal representative, justice de morais ordered the freezing of x's and starlink's bank accounts in brazil.

on september 12, two financial institutions, citibank sa and itaú unibanco sa, informed the brazilian supreme court that they had fully complied with these decisions and transferred funds to the federal government's account at the bank of brazil. after the full payment of the due amount, the judge considered that the bank account freeze was no longer necessary and ordered the immediate unfreezing of the bank accounts/financial assets, motor vehicles and real estate of the above-mentioned companies.

musk takes a tough stance

musk and his businesses said de morais' actions were "illegal" and that his court order was issued without due process. "x" and spacex did not immediately respond to requests for comment on friday.

de moraes ordered musk to suspend several accounts at "x" that were involved in threatening federal police investigating brazil's former right-wing president jair bolsonaro, brazilian news agency uol reported earlier this month.

bolsonaro has been accused of inciting the january 8 unrest in brazil and attempting a coup there.

musk is a supporter of bolsonaro, in part because the former brazilian president authorized his businesses to operate in brazil.