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Elon Musk’s platform X faces over $1 billion fine from EU regulators: NYT

  • EU regulators are preparing to impose penalties on Elon Musk's platform X for violating the Digital Services Act, with fines potentially exceeding $1 billion.
  • The investigation into X began in 2023, concluding that the platform was not adequately managing disinformation and illegal content.
  • EU officials have stated that Musk is expected to resist any regulation, and discussions are ongoing regarding compliance with EU directives.
  • A spokesperson for the European Commission emphasized that enforcement will be fair and compliant with global rules.
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Blockchain & Cryptocurrencies Tabloid broke the news in on Wednesday, April 2, 2025.
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