this post was submitted on 02 Sep 2024
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[–] towerful@programming.dev 6 points 2 months ago (1 children)

Sure, but the fines have gone unpaid.
The private owner of the private company X has enough money to cover the fines.
Brazil is now seizing assets to try and recover the amount due.

X isn't declaring bankruptcy. X is flaunting legal rulings and dodging fines.
If that scares away "investors" that are going to skirt or flaunt laws, rulings and legality then it seems like a decent result for Brazil.

[–] Monomate@lemm.ee -2 points 2 months ago (1 children)

No minimally serious country destroys the legal separation between different companies so brazenly. If it is for such a thing to happen, it's only on exceptional circunstances, and only after the a full lawsuit concludes its natural course, giving all affected parties the right to offer their defenses. Anything far from these basic civilizational principles is no more than a whim from a dictator's inflated ego.

[–] towerful@programming.dev 4 points 2 months ago

This is what "eat the rich" and "if a punishment is a fee, it's an operating cost" mean. You get your company banned and personal assets seized. It's delicious.

Anyway, I'm not going to take your outrage seriously.
First it was hell bent that no legal process had been done, which took me all of 2 seconds of googling to disprove.
Now it's that only uncivilised places would dare seize personal assets. And somehow still that no legal process has been done.

This has been going on for months, with musk acting like the man-baby he is.
https://www.cbsnews.com/news/brazil-elon-musk-x-twitter-free-speech-disinformation-obstruction/