$454 Million Fine

EU to Enforce €120M Fine on Elon Musk’s X, Sparking Debate

The European Commission confirmed that X will be required to pay a €120 million fine. While the company has 90 days to respond and the option to challenge the decision in the Court of Justice of the European Union, the Commission plans to collect the funds. Despite the regulatory action, X has not yet issued an official statement, but the company’s owner, Elon Musk, has suggested retaliatory actions against the EU and individuals involved.

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Trump Tantrum: Massive Fraud Judgment Looms

A New York court initially fined Donald Trump $454 million for fraudulently overvaluing his assets, a ruling he is appealing. Trump claims this was politically motivated “lawfare,” citing the alleged improper handling of his case by judges. While an appeals court showed skepticism towards the initial ruling, Trump still faces over $500 million in fines. His appeal, secured with a $175 million bond from a less-than-reputable surety company, hinges on overturning the original verdict.

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