Did Brazilian Justice Moraes just move his money out of the US? Musk responds

Source Cryptopolitan

Reports circulating on social media claim that Brazilian Supreme Court Justice Alexandre de Moraes has moved all his assets out of the United States. The allegations follow comments from the Department of Government Efficiency (DOGE) co-founder Elon Musk asking if Moraes, currently facing two lawsuits in the US, owned property within the country’s jurisdiction. 

On Wednesday, Trump Media & Technology Group (TMTG), which owns Truth Social, filed a lawsuit against Moraes in a US federal court in Tampa, Florida. The suit accuses the Brazilian justice of unlawfully censoring right-wing voices alongside the video-sharing social platform Rumble. 

The legal action could force the Brazilian Supreme Court minister to appear physically in court. Owing to his ongoing feud with President Trump’s “First Buddy,” Elon Musk, netizens are now speculating that Moraes transferred his assets for fear of being penalized if found guilty.

Sounds like he’s trying to hide his assets,” Musk shared on X.

Musk complains of censorship, Moraes cries fascism

On February 20, the Brazilian justice system ordered Musk’s social media platform X to pay 8.1 million reais ($1.42 million) for failing to comply with judicial orders. The fine stemmed from a legal case in which X was directed to remove one account accused of “spreading misinformation.”  

Elon Musk shut down X’s Brazilian office in late August after firing all the social platform’s staff in the country, but X is still up and running in the country. At the time, he called the decision “difficult” but ridiculed Moraes’ orders as an abuse of power. 

Moraes had previously demanded the removal of dozens of accounts accused of spreading hate speech, which Musk viewed as violating free speech principles.

Shortly after X’s closure in Brazil, Moraes escalated the standoff by ordering a nationwide block on the platform. This led to a surge in demand for VPNs as users sought to bypass restrictions, while some migrated to alternative social media platforms like Bluesky. 

X began complying with court orders by September, which forced the hand of the Brazilian Court to lift the country-wide ban it had imposed on X.

According to local news publication Folha, Justice Moraes accused tech companies and social media platforms of using algorithms to spread a “fascist ideology,” manipulate political discourse, and amass wealth by focusing more “on engagements than truth.” 

Still, his critics assert that social media platforms are not manufacturing discontent; Brazilians use these platforms to voice genuine frustration with the government and Supreme Court decisions.

Lawsuits pile on Moraes

According to Folha, Trump Media and Rumble are challenging Moraes’ orders, which demanded the latter shut down the account of right-wing commentator Allan dos Santos and hand over all of his user data. The plaintiffs argue that these orders violate US sovereignty, constitution, and American law.

Moraes had allegedly issued the orders in secret and capped Rumble from disclosing their contents. The video platform previously left Brazil in December 2023, citing what it described as unjust censorship demands from Moraes. These included orders to ban multiple content creators, including elected members of Brazil’s Congress. 

In January 2023, leaked documents revealed that Moraes had issued directives to multiple social platforms, including Rumble, giving them only two hours to comply or face substantial fines. In response, Rumble opted to suspend its operations in Brazil rather than comply.

Pressure from the Trump administration and Elon Musk, who both vowed to shield American technology companies from foreign censorship, forced Moraes to reverse an order against one account belonging to podcaster Monark.  

However, almost immediately, Moraes reportedly made new directives to Rumble’s former lawyers in Brazil, instructing them to represent the company again so they could receive more judicial orders on its behalf.

Attorneys representing the company affiliated with President Trump argue that restricting Rumble’s operations in Brazil also impacts its business, as the platform provides services necessary for maintaining the data servers of the Truth Social network.

Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold edges lower as Trump’s administration plans to toughen chip controls over ChinaGold’s price (XAU/USD) hit a new all-time high on Monday at $2,956, though traders were unable to enjoy it for long.
Author  FXStreet
6 hours ago
Gold’s price (XAU/USD) hit a new all-time high on Monday at $2,956, though traders were unable to enjoy it for long.
placeholder
Silver Price Forecast: XAG/USD slides to near $32 despite renewed Trump’s tariff fearsSilver price (XAG/USD) falls for a straight third trading day and declines to near $32.00 in European trading hours on Tuesday.
Author  FXStreet
6 hours ago
Silver price (XAG/USD) falls for a straight third trading day and declines to near $32.00 in European trading hours on Tuesday.
placeholder
Trump says he’s planning major economic partnerships with Putin’s RussiaPresident Donald Trump announced on Monday that he is negotiating economic agreements with Vladimir Putin, confirming that discussions are already underway and that talks are “proceeding very well.” Trump shared his plans in a Truth Social post, saying that alongside his push to end the war in Ukraine, he is in serious discussions with the […]
Author  Cryptopolitan
6 hours ago
President Donald Trump announced on Monday that he is negotiating economic agreements with Vladimir Putin, confirming that discussions are already underway and that talks are “proceeding very well.” Trump shared his plans in a Truth Social post, saying that alongside his push to end the war in Ukraine, he is in serious discussions with the […]
placeholder
Bitcoin Hashrate Faces Massive 7.6% Plunge, Foreshadowing For Price?On-chain data shows the Bitcoin Hashrate has observed a sharp drop recently. Here’s what this could mean for the asset’s price. Bitcoin Mining Hashrate Has Plummeted Since Its Recent High The “Hashrate” refers to a Bitcoin metric that keeps track of the total amount of computing power that the miners have currently connected to the […]
Author  Bitcoinist
9 hours ago
On-chain data shows the Bitcoin Hashrate has observed a sharp drop recently. Here’s what this could mean for the asset’s price. Bitcoin Mining Hashrate Has Plummeted Since Its Recent High The “Hashrate” refers to a Bitcoin metric that keeps track of the total amount of computing power that the miners have currently connected to the […]
placeholder
Forex Today: Markets remain choppy ahead of mid-tier data releasesHere is what you need to know on Tuesday, February 25: Major currency pairs failed to make a decisive move in either direction on Monday amid a lack of high-tier data releases.
Author  FXStreet
9 hours ago
Here is what you need to know on Tuesday, February 25: Major currency pairs failed to make a decisive move in either direction on Monday amid a lack of high-tier data releases.
goTop
quote