Trump Media & Technology Group (NASDAQ: DJT), the owner of Truth Social, and video platform Rumble have filed a lawsuit against Brazilian Supreme Court Justice Alexandre de Moraes in a U.S. federal court in Tampa, Florida. The suit alleges that de Moraes violated First Amendment rights by ordering the suspension of U.S.-based accounts of Brazilian right-wing influencer Allan dos Santos, who resides in the United States. This legal action coincides with de Moraes receiving an indictment against former Brazilian President Jair Bolsonaro, accusing him of leading a plot to retain power after his 2022 election defeat. The plaintiffs seek a judgment declaring de Moraes’s orders unenforceable in the United States, arguing that such actions undermine constitutional protections of free speech.
As of 10:15 a.m. EST on Feb. 20, 2025, Trump Media & Technology Group’s stock is trading at $49.75, with an intraday high of $50.92 and a low of $48.87.
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About Trump Media & Technology Group
Trump Media & Technology Group (TMTG) is a social media and technology company founded by former U.S. President Donald J. Trump. TMTG aims to promote open, free, and honest global conversation without discrimination against political ideology. Its flagship platform, Truth Social, provides an alternative to mainstream social media networks, emphasizing user engagement and free expression.
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