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Meta agrees $25m payout to Trump over suspended accounts

Meta agrees $25m payout to Trump over suspended accounts

Settlement seen as big victory for US president as Meta’s Zuckerberg bows to new administration on various fronts.

Author: UnknownPublished on: 30/01/2025 | 00:00:00

AI Summary:Meta has agreed to pay Donald Trump $25m to settle a lawsuit he filed against the company for suspending his accounts after the US Capitol attack in January 2021. A Meta spokesman confirmed the settlement, with reports stating that $22m would fund Trump’s presidential library and the remainder going to legal fees and other litigants. The battle dates back to 2021 when Meta’s Facebook and Instagram suspended Trump’’s accounts following a speech in which he attributed his electoral defeat to widespread fraud.

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