The social media platform X has agreed to pay Donald Trump $10 million to settle a lawsuit over his nearly two-year suspension following the January 6th Capitol riot. Trump sued Twitter in January 2021, two days after the riots, claiming the ban violated his First Amendment rights. A judge dismissed the case in 2022. His legal team had appealed the ruling, which remained pending until the settlement. Elon Musk, who reinstated Trump’s account after acquiring Twitter in 2022, now serves in the Trump administration. Last month, Meta paid Trump $25 million to settle a similar lawsuit over his Facebook and Instagram bans.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Social media platform X has agreed to pay Donald Trump $10 million to settle a lawsuit
00:07over his nearly two-year suspension following the January 6 Capitol riot.
00:11Trump sued Twitter in January 2021, two days after the riots,
00:15claiming the ban violated his First Amendment rights.
00:18A judge dismissed the case in 2022.
00:20His legal team has appealed the ruling, which remained pending until the settlement.
00:24Elon Musk, who reinstated Trump's account after acquiring Twitter in 2022,
00:29now serves in the Trump administration.
00:31Last month, Meta paid Trump $25 million to settle a similar lawsuit over his
00:36Facebook and Instagram bans.
00:37For all things money, visit Benzinga.com slash GSTV.