Elon Musk Faces Ripple CTO Hit as X Loses Case Following ‘Shocking’ Court Ruling

Elon Musk faces hit from Ripple CTO as X loses case after court ruling

Ripple CEO David Schwartz has posted a screenshot of an excerpt of the judge’s ruling in the case brought by Elon Musk’s social media giant X (formerly known as Twitter) against the nonprofit CCDH. (Center to Counter Digital Hate) in July of last year.

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Ripple CEO David Schwartz has posted a screenshot of an excerpt of the judge’s ruling in the case brought by Elon Musk’s social media giant X (formerly known as Twitter) against the nonprofit CCDH. (Center to Counter Digital Hate) in July of last year.

X sued the company, accusing it of criticizing X Corporation demanded “at least ten million dollars.” The judge noted that this fine would “torpedo the operations of the small nonprofit,” thus preventing others from criticizing X.

Schwartz criticized Musk, claiming he has a “comically limited understanding of the scope of free speech” and calling the California federal judge’s ruling “shocking.”

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Ripple CTO criticizes Elon Musk for his lawsuit

Schwartz has referred to Musk as a “self-proclaimed defender of freedom of expression” while trying to get the court to punish the CCDH for speaking out against X and for posts allowed on the platform. “No one could have foreseen it,” Schwartz stressed.

The senior Ripple executive emphasized that Musk’s lawsuit shows that his definition of freedom of expression is quite subjective and he is trying to get the court to accept it and issue a verdict on this basis. The CCDH accused X of allowing large amounts of hate speech to be published. Justice Charles Breyer declared that this “case is about punishing the defendants for their speech” and dismissed the case.

Elon Musk’s transformation of Twitter

Elon Musk acquired microblogging giant Twitter in October 2022 for $44 billion after many months of bidding, facing rejection and even a lawsuit filed by Twitter’s former management over Musk’s attempt to withdraw from the agreement.

After the acquisition, Musk renamed the platform from Twitter to X, with the goal of making it an “everything app.” Under Musk’s ownership, X began censoring posts much less than before the purchase, especially in cases where users disagreed with the government’s attitude toward policy enforcement during the pandemic. X also offers legal services and financial support to users who have faced pressure or been fired from their jobs about his publications on X.

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