Elon Musk's company X paid fines to wrong bank, claims Supreme Court of Brazil

As reported by the agency, on Friday, October 4, Brazil's Supreme Court stated that attorneys representing social media platform X did not pay fines to the appropriate bank. This has delayed a decision on whether to allow the tech company to resume its services in Brazil.

The payment of the fines, which X's lawyers claim the company paid correctly, is the only outstanding requirement mandated by the court for X to resume operations in Brazil.

Earlier on Friday, X, owned by billionaire Elon Musk, submitted a new request to restore its services in Brazil, asserting that it had paid all fines.

In response to the request, Supreme Court Justice Alexandre de Moraes demanded that the payment be transferred to the correct bank (the name of which was not specified).

He also ruled that after the fine issues are resolved, the Attorney General of Brazil will provide an opinion on the recent requests from X's legal team, which is seeking to reinstate the platform's operations in the country.

Following Moraes's ruling on the same day, October 4, X's lawyers again approached the court to request permission to resume operations in Brazil. They disputed the claim that the company had paid fines to the wrong account and stated that they saw no need to consult the Attorney General before lifting the ban. According to their statement, the company had paid $5.24 million in fines.

Reuters also recalled an event from the previous week. Notably, after the company changed its course in recent weeks and began complying with Supreme Court mandates, including blocking accounts under investigation, it also approached the court on September 26 to request permission to restore its services in Brazil.

However, at that time, Moraes ruled that X still needed to pay fines totaling over $5 million before the restrictions could be lifted.