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Elon Musk's X Faces Delays in Brazil Due to $5 Million Payment Error

X mistakenly transferred fines to the wrong bank, hindering efforts to lift its suspension in Brazil.

  • Brazil's Supreme Court suspended X in August for non-compliance with content moderation and legal representation requirements.
  • The platform paid $5.24 million in fines but transferred the funds to the wrong bank, delaying its reinstatement.
  • Justice Alexandre de Moraes requires the payment to be redirected correctly before considering lifting the ban.
  • X's legal team maintains that they have complied with all court mandates, including the payment of fines.
  • Brazil remains a crucial market for X, with over 21.5 million users, highlighting the importance of resolving this issue.
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