Stock Market News

Brazil’s Supreme Court chamber forms majority to uphold X suspension

2024.09.02 10:46

BRASILIA (Reuters) – The majority of a five-member panel of Brazil’s Supreme Court formed a majority on Monday to uphold Justice Alexandre de Moraes’ ruling to shut down social media platform X in the country for not complying with local norms.

Justices Flavio Dino and Cristiano Zanin sided with Moraes, forming a majority even if Justices Luiz Fux and Carmen Lucia were still to cast their votes.

X was taken down in Brazil, one of its largest markets, in the early hours of Saturday following a decision by Moraes, after the platform missed a court-imposed deadline to name a legal representative in Brazil as required by local law.

Moraes and X owner Elon Musk have been locked in a months-long feud after X was required to block accounts implicated in probes of alleged spreading of distorted news and hate.

© Reuters. The logo of social media platform X is seen on a mobile phone next to a reflection of Brazil's Supreme Court in this illustration taken August 30, 2024, in Brasilia, Brazil.   REUTERS/Ueslei Marcelino/File Photo

“It is not possible for a company to operate in the territory of a country and intend to impose its vision on which rules should be valid or applied,” Justice Dino said as he sided with Moraes.

“A party that intentionally fails to comply with court decisions appears to consider itself above the rule of law. And so it can turn into an outlaw.”



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 67,737.15 1.54%
ethereum
Ethereum (ETH) $ 2,676.24 1.39%
tether
Tether (USDT) $ 1.00 0.02%
bnb
BNB (BNB) $ 598.78 0.19%
solana
Solana (SOL) $ 166.48 2.13%
usd-coin
USDC (USDC) $ 1.00 0.04%
xrp
XRP (XRP) $ 0.547064 0.41%
staked-ether
Lido Staked Ether (STETH) $ 2,675.06 1.41%
dogecoin
Dogecoin (DOGE) $ 0.144445 2.46%
tron
TRON (TRX) $ 0.158614 1.22%
the-open-network
Toncoin (TON) $ 5.23 1.67%
cardano
Cardano (ADA) $ 0.361581 0.13%
avalanche-2
Avalanche (AVAX) $ 27.89 2.13%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,161.99 1.23%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 2.09%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 67,650.13 1.55%
weth
WETH (WETH) $ 2,676.37 1.29%
chainlink
Chainlink (LINK) $ 11.77 0.81%
bitcoin-cash
Bitcoin Cash (BCH) $ 364.26 0.46%
polkadot
Polkadot (DOT) $ 4.40 3.27%
near
NEAR Protocol (NEAR) $ 4.83 2.14%
uniswap
Uniswap (UNI) $ 7.75 0.74%
dai
Dai (DAI) $ 1.00 0.06%
sui
Sui (SUI) $ 2.04 4.05%
leo-token
LEO Token (LEO) $ 6.06 0.33%
litecoin
Litecoin (LTC) $ 71.02 4.15%
aptos
Aptos (APT) $ 10.16 2.51%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,813.06 1.24%
pepe
Pepe (PEPE) $ 0.00001 2.96%
bittensor
Bittensor (TAO) $ 557.15 6.25%
internet-computer
Internet Computer (ICP) $ 8.03 3.49%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.40 3.81%
kaspa
Kaspa (KAS) $ 0.130379 1.69%
ethereum-classic
Ethereum Classic (ETC) $ 19.56 1.70%
stellar
Stellar (XLM) $ 0.096224 0.56%
monero
Monero (XMR) $ 154.54 3.67%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.373616 1.77%
blockstack
Stacks (STX) $ 1.83 4.51%
first-digital-usd
First Digital USD (FDUSD) $ 0.999546 0.11%
whitebit
WhiteBIT Coin (WBT) $ 17.86 0.21%
immutable-x
Immutable (IMX) $ 1.56 4.59%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.10%
dogwifcoin
dogwifhat (WIF) $ 2.53 6.43%
okb
OKB (OKB) $ 40.32 1.03%
arbitrum
Arbitrum (ARB) $ 0.591282 2.63%
aave
Aave (AAVE) $ 153.64 3.15%
filecoin
Filecoin (FIL) $ 3.86 2.18%
optimism
Optimism (OP) $ 1.73 3.49%
crypto-com-chain
Cronos (CRO) $ 0.078009 1.05%
fantom
Fantom (FTM) $ 0.749908 0.11%