• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Stock

Trump Media sues Brazil Supreme Court judge who battled Elon Musk

by February 20, 2025
written by February 20, 2025

Trump Media and its fellow conservative-oriented social media company Rumble on Wednesday sued a Brazil Supreme Court justice whose clash last year with Elon Musk led to the blocking of Musk’s own social media firm, X, in that country.

The Tampa, Florida, federal court lawsuit accuses Justice Alexandre de Moraes of allegedly illegal attempts to censor a “well-known politically outspoken user” of Rumble with orders to suspend that user’s U.S.-based accounts.

The new lawsuit suit notes that Trump Media’s social media site Truth Social “relies on Rumble’s cloud-based hosting and video streaming infrastructure to deliver multimedia content to its user base.”

“If Rumble were to be shut down, that shut down would necessarily interfere with Truth Social’s operations, as well,” the suit says.

The suit was filed a day after Brazil’s prosecutor-general charged the country’s former president, Jair Bolsonaro, with an attempted coup as he tried to remain in office following his 2022 election loss. Bolsonaro — who was invited to President Donald Trump’s inauguration last month — is accused of participating in a plot with nearly three dozen other people, which allegedly planned to poison current Brazil President Luiz Inacio Lula da Silva and kill Moraes.

Trump had been the majority owner of Trump Media stock shares. In December, the then-president-elect transferred his entire stake of shares to a revocable trust of which he is the sole beneficiary.

The suit mentions Musk’s feud with Moraes, when the justice suspended X in Brazil for Musk’s defiance of requests to ban some user accounts and remove content that Moraes said violated the country’s laws.

Brazil’s Supreme Court also suspended bank accounts in that country of X and Starlink, the satellite internet service provider owned by Musk’s company SpaceX, as part of that battle.

Musk, who is also the CEO of Tesla, has been tasked by Trump to oversee a wide-ranging effort to cut federal government suspending and employee headcount.

Trump Media CEO Devin Nunes in a statement Wednesday on the suit said that the company “is firmly committed to upholding the right to free expression.”

“This is not just a slogan, it’s the core mission of this company,” Nunes said. “We’re proud to join our partner Rumble in standing against unjust demands for political censorship regardless of who makes them.”

Trump Media last week reported a net loss of nearly $401 million for 2024, and revenue of just $3.6 million.

The company in a statement last week said that about half of the $61 million in cash used in operating activities in 2024 “comprised legal expenses including costs related to the Company’s March 2024 merger with a special purpose acquisition company.”

“Partly as a result of obstruction by the Biden-era Securities and Exchange Commission, which turned the process into one of the longest SPAC mergers in history, [Trump Media] incurred significant legal expenses related to its merger and has brought litigation seeking to recoup its damages,” the suit said.

This post appeared first on NBC NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
GOP senators back Trump’s demand for Ukraine elections, but won’t call Zelenskyy ‘dictator’
next post
Surprising new poll numbers released on Trump’s performance so far in the White House

related articles

October monthly job cuts surged to a 22-year...

November 7, 2025

Yum Brands begins strategic review for struggling Pizza...

November 5, 2025

Kimberly-Clark to buy Kenvue in $48.7 billion deal

November 3, 2025

Barbie, Monopoly toymakers see bright holiday season despite...

October 29, 2025

Target is eliminating 1,800 corporate jobs as it...

October 24, 2025

X-ray tables, hidden cameras: The tech in rigged...

October 24, 2025

Travis Kelce part of investor group aiming to...

October 24, 2025

Trump’s Argentina beef import plan will harm U.S....

October 23, 2025

Customers sue sneaker company On over shoes that...

October 20, 2025

Giorgio Armani group names longtime executive Giuseppe Marsocci...

October 17, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Reagan’s ‘peace through strength’ doctrine can aid Trump administration with Taiwan policy, group says

    February 13, 2025
  • How have UK stocks historically performed after BOE rate cuts?

    August 1, 2024
  • Trump not planning to fire Waltz after national security text chain leak

    March 25, 2025
  • Boeing taps aerospace veteran Kelly Ortberg to replace Dave Calhoun as CEO

    August 1, 2024
  • Harris ripped for resurfaced claims praising Biden’s fitness amid age concerns: ‘Complicit in a coverup’

    July 22, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 5

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025

Categories

  • Economy (829)
  • Editor's Pick (6,754)
  • Investing (634)
  • Stock (949)

Latest Posts

  • AUDUSD and AUDNZD: AUDUSD continues to rise and today

    August 12, 2024
  • Comer subpoenas the Clintons, Trump’s DOJ in House Oversight’s Epstein probe

    August 5, 2025
  • Trump wins over lifelong Democrat autoworker with ‘big, beautiful bill’ vehicle loan tax benefit

    June 27, 2025

Recent Posts

  • Stock Market Crash 2024: Warren Buffett Indicator

    July 16, 2024
  • Bush’s War on Terror vs Trump’s Iran approach: How US Middle East strategy evolved

    June 23, 2025
  • High-profile Dems warned Biden against preemptive pardons before giving Fauci, Milley passes

    January 20, 2025

Editor’s Pick

  • Whitmer explains her Oval Office folder fiasco

    April 14, 2025
  • Biden says ‘The choice is up to you, the American people’ while saying he won’t seek re-election

    July 25, 2024
  • Elon Musk slated to speak at Trump pre-inauguration rally: report

    January 17, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock