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What will be the resolution of fines imposed on X by Brazil by December 31, 2024?
3
Resolution / Starting Odds
Fines fully paid • 25%
Fines partially paid • 25%
Fines not paid • 25%
Other • 25%
Official announcements from Brazil's Supreme Court and X
Story
Brazil's Supreme Court Threatens to Suspend X, Freeze Starlink Accounts Within 24 Hours
Aug 29, 2024, 03:18 PM
Brazil's Supreme Court Justice Alexandre de Moraes has issued an ultimatum to Elon Musk, demanding that his social media platform, X, appoint a new legal representative in Brazil within 24 hours or face suspension in the country by Thursday night. This decision is part of an ongoing legal dispute over compliance with Brazilian censorship laws, affecting a nation of 200 million people. The court's order also extends to freezing the financial accounts of Starlink, another company owned by Musk, as a means to enforce compliance and collect fines related to X's operations. The situation has escalated tensions between Musk and Brazilian authorities, with Musk publicly criticizing Justice de Moraes.
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Less than $10 million • 25%
$10 million to $50 million • 25%
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Yes • 50%
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Yes • 50%
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X wins the dispute • 25%
Brazilian government wins the dispute • 25%
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