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EU could fine Elon Musk’s X $1B over illicit content, disinformation

Coin Telegraph LogoCoin Telegraph1d ago

EU could fine Elon Musk’s X $1B over illicit content, disinformation - Coin Telegraph

Quick Summary:

A spokesman for the European Commission, the bloc’s executive branch, declined to comment on this case to The New York Times but did say it would “continue to enforce our laws fairly and without discrimination toward all companies operating in the EU.”In a statement, X’s Global Government Affairs team said that if the reports about the EU's plans are accurate, it “represents an unprecedented act of political censorship and an attack on free speech.”“X has gone above and beyond to comply with the EU’s Digital Services Act, and we will use every option at our disposal to defend our business, keep our users safe, and protect freedom of speech in Europe,” X's global government affairs team said.

Source: Global Government AffairsAlong with the fine, the EU regulators could reportedly demand product changes at X, with the full scope of any penalties to be announced in the coming months. Still, a settlement could be reached if the social media platform agrees to changes that satisfy regulators, according to the Times. One of the officials who spoke to the Times also said that X is facing a second investigation alleging the platform’s approach to policing user-generated content has made it a hub of illegal hate speech and disinformation, which could result in more penalties.

EU regulators allege that X has violated the Digital Services Act and will use a section of the act to calculate a fine based on revenue that includes other companies Musk controls, according to an April 3 report by the newspaper, which cited four people with knowledge of the plan.

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Article Details

Author / Journalist: Cointelegraph by Stephen Katte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 07:05:41 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 537 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 36 words per sentence (average)

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

Copyright Owner: © Coin Telegraph

News ID: 27577980

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Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 12 posts per day

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News Last Updated: 7 hours ago

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Publisher ID: #11

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