Brazil judge seizes cash from Starlink to cover fine imposed on Elon Musk’s X

Quick Summary:

Starlink and X treated as one economic group, forcing both to pay X fines.

"After the payment of the full amount that was owed, the justice (de Moraes) considered there was no need to keep the bank accounts frozen and ordered the immediate unfreezing of bank accounts/financial assets," the court said, as quoted by The Associated Press.

Two banks carried out orders to transfer the money from Starlink and X to Brazil's government.

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Article Details

Author / Journalist: Jon Brodkin

Category: Technology

Markets: United StatesBrazil

Topics: Starlink brazil Elon musk brazil Policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-16 @ 20:04:00 (17 hours ago)

News Timezone: GMT -5:00

News Source URL: arstechnica.com

Language: English

Article Length: 178 words

Reading Time: 1 minutes read

Sentences: 32 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Ars Technica

News ID: 22545218

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