IBOV 177,158.86 ▲ 1.88% IPSA 11,030.67 ▲ 0.87% IPC MEX 67,327.01 ▲ 1.28% MERVAL 3,304,918 — 0.00% COLCAP 2,342.44 ▲ 1.64% BVL PERÚ 57,107.38 — — USD/BRL5.06▲ 0.09% USD/MXN17.34▼ 0.01% USD/CLP926.58▲ 0.05% USD/COP3,120▼ 2.51% USD/PEN3.39▼ 0.05% USD/ARS1,489▼ 0.03% USD/UYU40.22▲ 1.36% USD/PYG5,941▲ 0.85% USD/BOB12.10▲ 8.06% USD/DOP58.11▲ 0.35% USD/CRC448.40▲ 1.30% USD/GTQ7.63▲ 2.31% USD/HNL26.76▲ 0.39% USD/NIO36.62▲ 0.34% USD/VES744.76▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.32▲ 0.56% USD/TTD6.74▲ 1.21% EUR/BRL5.82▼ 0.87% BRENT 90.35 ▲ 1.48% WTI 85.71 ▲ 2.54% IRON ORE 161.91 — — COPPER 6.49 ▲ 0.76% GOLD 4,101 ▲ 0.01% SILVER 57.72 ▼ 1.86% SOY 1,191 ▲ 1.17% CORN 466.00 ▲ 4.54% WHEAT 654.00 ▼ 1.43% COFFEE 310.15 ▼ 3.99% SUGAR 14.61 ▲ 1.25% ORANGE JUICE 146.75 ▲ 0.51% COTTON 81.82 ▲ 3.03% COCOA 5,443 ▲ 6.47% BEEF 227.45 ▼ 0.20% CATTLE 342.60 ▼ 0.49% LITHIUM 69.83 ▲ 0.02% PETR4 42.84 ▲ 2.00% VALE3 76.09 ▲ 1.39% ITUB4 42.74 ▲ 2.20% BBDC4 18.39 ▲ 0.22% ABEV3 15.96 ▲ 0.38% BBAS3 21.19 ▲ 1.97% B3SA3 15.63 ▲ 2.02% WEGE3 46.82 ▲ 2.59% PRIO3 59.96 ▲ 2.65% SUZB3 42.73 ▲ 1.02% RENT3 38.23 ▲ 2.11% AZZA3 15.86 ▼ 1.80% CSAN3 3.99 ▲ 2.57% RAIZ4 0.26 — 0.00% PCAR3 2.74 ▼ 2.49% GMAT3 3.98 ▲ 2.31% PSSA3 54.35 ▲ 1.00% CVCB3 1.30 ▲ 1.56% POSI3 3.52 ▼ 0.85% SLCE3 13.26 ▲ 1.30% NATU3 8.33 ▲ 0.73% BRKM5 5.93 ▲ 3.67% RANI3 8.03 ▲ 0.88% CSNA3 4.95 ▼ 4.81% CMIN3 5.72 ▼ 4.35% USIM5 7.55 ▼ 9.25% GGBR4 24.98 ▲ 0.77% ENEV3 26.15 ▲ 1.08% CPFE3 46.09 ▲ 2.90% CMIG4 11.23 ▲ 2.09% EQTL3 38.66 ▲ 2.22% LREN3 13.52 ▲ 1.20% VIVT3 32.63 ▲ 0.28% RAIL3 14.28 ▲ 2.37% KLABIN 18.05 ▲ 0.17% RAIA DROGASIL 18.25 ▲ 2.76% RDOR3 34.42 ▲ 1.68% HAPV3 11.01 ▲ 4.36% FLRY3 16.97 ▲ 0.83% SMTO3 14.40 ▲ 0.91% UGPA3 32.92 ▲ 2.88% VBBR3 35.63 ▲ 2.98% BBSE3 40.86 ▼ 0.15% BPAC11 56.62 ▲ 3.59% CURY3 30.40 ▲ 5.37% AERI3 2.13 ▲ 0.95% VIVARA 22.16 ▼ 0.85% COMPASS 24.84 ▲ 2.60% VAMOS 3.42 ▲ 3.32% SANB11 25.25 ▼ 1.48% ASAI3 8.41 ▲ 1.33% SBSP3 27.41 ▲ 3.01% WALMEX 50.34 ▲ 1.78% GMEXICO 212.28 ▲ 2.66% FEMSA 219.70 ▲ 3.56% CEMEX 20.72 ▲ 0.63% GFNORTE 200.90 ▲ 2.13% BIMBO 60.83 ▲ 1.59% TELEVISA 9.94 ▲ 0.81% AMX 21.99 ▲ 0.73% GAP 382.13 ▲ 0.81% ASUR 276.56 — 0.00% OMA 233.94 ▲ 0.55% KOF 189.04 ▲ 1.18% GRUMA 268.28 ▲ 0.39% KIMBER 40.34 ▼ 0.25% SQM-B 63,290 ▼ 0.80% COPEC 6,300 ▲ 1.78% BSANTANDER 80.70 ▲ 0.57% FALABELLA 6,220 ▲ 0.06% ENELAM 87.65 ▲ 1.11% CENCOSUD 1,945 ▲ 1.35% CMPC 1,030 ▼ 0.49% BANCO CHILE 196.80 ▲ 3.04% LATAM AIR 24.90 ▲ 2.05% YPF 81,400 ▲ 2.04% GGAL 8,015 ▲ 2.82% PAMPA 5,525 ▲ 2.89% TXAR 648.00 ▼ 1.52% ALUAR 979.00 ▲ 0.62% TGS 9,820 ▲ 3.26% CEPU 2,407 ▲ 5.06% MIRGOR 16,725 ▲ 1.06% COME 44.75 ▲ 4.95% LOMA NEGRA 3,690 ▲ 0.48% BYMA 299.00 ▲ 0.34% TELECOM ARG 4,355 ▲ 1.52% ECOPETROL 17.04 ▲ 3.90% BANCOLOMBIA 93.89 ▲ 4.94% GRUPO AVAL 5.17 ▲ 5.41% CREDICORP 402.27 ▲ 4.78% SOUTHERN COPPER 185.00 ▲ 5.43% BUENAVENTURA 31.86 ▲ 5.43% MERCADOLIBRE 1,886 ▲ 1.20% NUBANK 14.49 ▲ 3.21% XP 17.20 ▲ 5.46% PAGSEGURO 9.84 ▲ 3.14% STONE 11.43 ▲ 4.29% GLOBANT 36.39 ▼ 4.61% TECNOGLASS 43.59 — 0.00% GAP AIRPORT 219.58 ▲ 1.20% ASUR 276.56 — 0.00% OMA AIRPORT 108.09 — 0.00% AMX ADR 25.33 ▲ 1.85% FEMSA ADR 126.76 ▲ 4.71% CEMEX ADR 11.94 ▲ 2.01% PETROBRAS ADR 19.12 ▲ 2.85% VALE ADR 14.99 ▲ 2.32% ITAU ADR 8.44 ▲ 3.56% SANTANDER BR 5.06 ▲ 1.29% AMBEV ADR 3.12 ▲ 0.65% CSN 1.01 ▼ 2.43% GERDAU 4.96 ▲ 2.06% LATAM ADR 53.94 ▲ 3.63% BTC 63,640 ▼ 1.68% ETH 1,885 ▼ 1.70% SOL 73.67 ▼ 1.07% XRP 1.07 ▼ 1.17% BNB 592.45 ▲ 0.07% ADA 0.17 ▲ 0.78% DOGE 0.07 ▼ 1.41% AVAX 6.47 ▲ 0.56% LINK 8.26 ▼ 2.35% DOT 0.76 ▼ 0.92% LTC 45.24 ▼ 0.67% BCH 207.65 ▼ 4.32% TRX 0.33 ▼ 0.47% XLM 0.17 ▼ 0.60% HBAR 0.07 ▼ 0.36% NEAR 1.67 ▼ 0.38% ATOM 1.24 ▼ 3.01% AAVE 97.78 ▼ 1.67% SELIC 14.25% EMBRAER 86.14 ▲ 0.06% EMBRAER ADR 68.11 ▲ 0.67% JBS 14.29 ▲ 0.42% JBS BDR 72.15 ▼ 0.32% MBRF3 17.96 ▲ 7.80% MBRFY 3.47 — 0.00% INTER 5.64 ▲ 4.25% EGX 53,442 ▼ 0.35% USD/ZAR16.54▲ 0.25% USD/NGN1,364▲ 0.07% NIKKEI 64,362 ▲ 4.03% CSI300 4,588 ▲ 0.85% HSI 25,884 ▲ 0.10% NIFTY 24,384 ▲ 0.27% KOSPI 6,595 ▲ 17.91% JCI 6,236 ▲ 0.80% USD/JPY159.53— 0.00% USD/CNY6.74▼ 0.20% DAX 25,643 ▲ 0.12% CAC 8,536 ▲ 0.59% FTSE 10,907 ▲ 0.09% MIB 52,298 ▲ 0.37% IBEX 19,816 ▲ 0.29% STOXX 651.14 ▲ 0.18% EUR/USD1.15▼ 0.21% GBP/USD1.34▲ 0.48% SPX 7,477 ▲ 0.52% DJI 52,421 ▲ 0.41% NDX 28,488 ▲ 1.36% RUT 2,946 ▲ 1.37% TSX 35,465 ▼ 0.11% VIX 17.07 ▼ 0.12% USD/CAD1.40▲ 0.05% US10Y 4.7040 ▲ 0.88% IBOV 177,158.86 ▲ 1.88% IPSA 11,030.67 ▲ 0.87% IPC MEX 67,327.01 ▲ 1.28% MERVAL 3,304,918 — 0.00% COLCAP 2,342.44 ▲ 1.64% BVL PERÚ 57,107.38 — — USD/BRL 5.07 ▲ 0.20% USD/MXN 17.35 ▲ 0.01% USD/CLP 927.13 ▲ 0.11% USD/COP 3,128 ▼ 2.26% USD/PEN 3.39 ▼ 0.11% USD/ARS 1,489 ▼ 0.03% USD/UYU 40.22 ▲ 1.36% USD/PYG 5,941 ▲ 0.85% USD/BOB 12.10 ▲ 8.06% USD/DOP 58.11 ▲ 0.35% USD/CRC 448.40 ▲ 1.30% USD/GTQ 7.62 ▲ 2.31% USD/HNL 26.76 ▲ 0.39% USD/NIO 36.62 ▲ 0.34% USD/VES 744.76 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.67% USD/TTD 6.74 ▲ 1.21% EUR/BRL 5.82 ▼ 0.87% BRENT 90.35 ▲ 1.48% WTI 85.71 ▲ 2.54% IRON ORE 161.91 — — COPPER 6.49 ▲ 0.76% GOLD 4,101 ▲ 0.01% SILVER 57.72 ▼ 1.86% SOY 1,191 ▲ 1.17% CORN 466.00 ▲ 4.54% WHEAT 654.00 ▼ 1.43% COFFEE 310.15 ▼ 3.99% SUGAR 14.61 ▲ 1.25% ORANGE JUICE 146.75 ▲ 0.51% COTTON 81.82 ▲ 3.03% COCOA 5,443 ▲ 6.47% BEEF 227.45 ▼ 0.20% CATTLE 342.60 ▼ 0.49% LITHIUM 69.83 ▲ 0.02% PETR4 42.84 ▲ 2.00% VALE3 76.09 ▲ 1.39% ITUB4 42.74 ▲ 2.20% BBDC4 18.39 ▲ 0.22% ABEV3 15.96 ▲ 0.38% BBAS3 21.19 ▲ 1.97% B3SA3 15.63 ▲ 2.02% WEGE3 46.82 ▲ 2.59% PRIO3 59.96 ▲ 2.65% SUZB3 42.73 ▲ 1.02% RENT3 38.23 ▲ 2.11% AZZA3 15.86 ▼ 1.80% CSAN3 3.99 ▲ 2.57% RAIZ4 0.26 — 0.00% PCAR3 2.74 ▼ 2.49% GMAT3 3.98 ▲ 2.31% PSSA3 54.35 ▲ 1.00% CVCB3 1.30 ▲ 1.56% POSI3 3.52 ▼ 0.85% SLCE3 13.26 ▲ 1.30% NATU3 8.33 ▲ 0.73% BRKM5 5.93 ▲ 3.67% RANI3 8.03 ▲ 0.88% CSNA3 4.95 ▼ 4.81% CMIN3 5.72 ▼ 4.35% USIM5 7.55 ▼ 9.25% GGBR4 24.98 ▲ 0.77% ENEV3 26.15 ▲ 1.08% CPFE3 46.09 ▲ 2.90% CMIG4 11.23 ▲ 2.09% EQTL3 38.66 ▲ 2.22% LREN3 13.52 ▲ 1.20% VIVT3 32.63 ▲ 0.28% RAIL3 14.28 ▲ 2.37% KLABIN 18.05 ▲ 0.17% RAIA DROGASIL 18.25 ▲ 2.76% RDOR3 34.42 ▲ 1.68% HAPV3 11.01 ▲ 4.36% FLRY3 16.97 ▲ 0.83% SMTO3 14.40 ▲ 0.91% UGPA3 32.92 ▲ 2.88% VBBR3 35.63 ▲ 2.98% BBSE3 40.86 ▼ 0.15% BPAC11 56.62 ▲ 3.59% CURY3 30.40 ▲ 5.37% AERI3 2.13 ▲ 0.95% VIVARA 22.16 ▼ 0.85% COMPASS 24.84 ▲ 2.60% VAMOS 3.42 ▲ 3.32% SANB11 25.25 ▼ 1.48% ASAI3 8.41 ▲ 1.33% SBSP3 27.41 ▲ 3.01% WALMEX 50.34 ▲ 1.78% GMEXICO 212.28 ▲ 2.66% FEMSA 219.70 ▲ 3.56% CEMEX 20.72 ▲ 0.63% GFNORTE 200.90 ▲ 2.13% BIMBO 60.83 ▲ 1.59% TELEVISA 9.94 ▲ 0.81% AMX 21.99 ▲ 0.73% GAP 382.13 ▲ 0.81% ASUR 276.56 — 0.00% OMA 233.94 ▲ 0.55% KOF 189.04 ▲ 1.18% GRUMA 268.28 ▲ 0.39% KIMBER 40.34 ▼ 0.25% SQM-B 63,290 ▼ 0.80% COPEC 6,300 ▲ 1.78% BSANTANDER 80.70 ▲ 0.57% FALABELLA 6,220 ▲ 0.06% ENELAM 87.65 ▲ 1.11% CENCOSUD 1,945 ▲ 1.35% CMPC 1,030 ▼ 0.49% BANCO CHILE 196.80 ▲ 3.04% LATAM AIR 24.90 ▲ 2.05% YPF 81,400 ▲ 2.04% GGAL 8,015 ▲ 2.82% PAMPA 5,525 ▲ 2.89% TXAR 648.00 ▼ 1.52% ALUAR 979.00 ▲ 0.62% TGS 9,820 ▲ 3.26% CEPU 2,407 ▲ 5.06% MIRGOR 16,725 ▲ 1.06% COME 44.75 ▲ 4.95% LOMA NEGRA 3,690 ▲ 0.48% BYMA 299.00 ▲ 0.34% TELECOM ARG 4,355 ▲ 1.52% ECOPETROL 17.04 ▲ 3.90% BANCOLOMBIA 93.89 ▲ 4.94% GRUPO AVAL 5.17 ▲ 5.41% CREDICORP 402.27 ▲ 4.78% SOUTHERN COPPER 185.00 ▲ 5.43% BUENAVENTURA 31.86 ▲ 5.43% MERCADOLIBRE 1,886 ▲ 1.20% NUBANK 14.49 ▲ 3.21% XP 17.20 ▲ 5.46% PAGSEGURO 9.84 ▲ 3.14% STONE 11.43 ▲ 4.29% GLOBANT 36.39 ▼ 4.61% TECNOGLASS 43.59 — 0.00% GAP AIRPORT 219.58 ▲ 1.20% ASUR 276.56 — 0.00% OMA AIRPORT 108.09 — 0.00% AMX ADR 25.33 ▲ 1.85% FEMSA ADR 126.76 ▲ 4.71% CEMEX ADR 11.94 ▲ 2.01% PETROBRAS ADR 19.12 ▲ 2.85% VALE ADR 14.99 ▲ 2.32% ITAU ADR 8.44 ▲ 3.56% SANTANDER BR 5.06 ▲ 1.29% AMBEV ADR 3.12 ▲ 0.65% CSN 1.01 ▼ 2.43% GERDAU 4.96 ▲ 2.06% LATAM ADR 53.94 ▲ 3.63% BTC 63,640 ▼ 1.68% ETH 1,885 ▼ 1.70% SOL 73.67 ▼ 1.07% XRP 1.07 ▼ 1.17% BNB 592.45 ▲ 0.07% ADA 0.17 ▲ 0.78% DOGE 0.07 ▼ 1.41% AVAX 6.47 ▲ 0.56% LINK 8.26 ▼ 2.35% DOT 0.76 ▼ 0.92% LTC 45.24 ▼ 0.67% BCH 207.65 ▼ 4.32% TRX 0.33 ▼ 0.47% XLM 0.17 ▼ 0.60% HBAR 0.07 ▼ 0.36% NEAR 1.67 ▼ 0.38% ATOM 1.24 ▼ 3.01% AAVE 97.78 ▼ 1.67% SELIC 14.25% EMBRAER 86.14 ▲ 0.06% EMBRAER ADR 68.11 ▲ 0.67% JBS 14.29 ▲ 0.42% JBS BDR 72.15 ▼ 0.32% MBRF3 17.96 ▲ 7.80% MBRFY 3.47 — 0.00% INTER 5.64 ▲ 4.25% EGX 53,442 ▼ 0.35% USD/ZAR 16.54 ▲ 0.05% USD/NGN 1,364 ▲ 0.15% NIKKEI 64,362 ▲ 4.03% CSI300 4,588 ▲ 0.85% HSI 25,884 ▲ 0.10% NIFTY 24,384 ▲ 0.27% KOSPI 6,595 ▲ 17.91% JCI 6,236 ▲ 0.80% USD/JPY 159.55 ▼ 0.04% USD/CNY 6.7419 ▼ 0.03% DAX 25,643 ▲ 0.12% CAC 8,536 ▲ 0.59% FTSE 10,907 ▲ 0.09% MIB 52,298 ▲ 0.37% IBEX 19,816 ▲ 0.29% STOXX 651.14 ▲ 0.18% EUR/USD 1.1504 ▼ 0.22% GBP/USD 1.3431 ▼ 0.25% SPX 7,477 ▲ 0.52% DJI 52,421 ▲ 0.41% NDX 28,488 ▲ 1.36% RUT 2,946 ▲ 1.37% TSX 35,465 ▼ 0.11% VIX 17.07 ▼ 0.12% USD/CAD 1.4017 ▲ 0.04% US10Y 4.7040 ▲ 0.88%
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Friday, July 31, 2026

Legal Confrontations Lead to X’s Closure in Brazil

By · August 18, 2024 · 2 min read

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On August 17, 2024, Elon Musk announced the cessation of X’s operations in Brazil.

This followed after Justice Alexandre de Moraes implicated Musk in a digital militias investigation on April 8, 2024.

As the situation intensified, Moraes reportedly threatened X’s legal representative with imprisonment for non-compliance with “censorship orders.”

Consequently, the X platform made these threats public alongside a secret court order to expose Moraes’s actions.

In their public statement, X expressed frustration over ignored appeals to the Supreme Court.

They claimed the Brazilian public was unaware of these orders and that their team could not control content blocking.

Legal Confrontations Lead to X's Closure in Brazil. (Photo Internet reproduction)
Legal Confrontations Lead to X’s Closure in Brazil. (Photo Internet reproduction)
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“Alexandre de Moraes threatened our legal representative in Brazil with arrest if we do not comply with his censorship orders,” X disclosed.

As a protective response, X abruptly halted its Brazilian operations, although the service remains available to users within Brazil.

This shutdown illustrates ongoing tensions between large technology companies and national governments concerning content regulation and freedom of expression.

Furthermore, the actions of Justice Alexandre de Moraes have stirred substantial controversy.

While some view them as necessary legal interventions, others perceive them as an overreach of authority, impacting President Lula’s administration.

Previously, Lula’s political career had benefited from Moraes’ support. However, public dissatisfaction with what is seen as judicial overreach could potentially affect Lula’s standing.

Additionally, Moraes’ legal confrontations with Musk could influence Brazil’s international relations and domestic politics.

Moreover, X’s departure from Brazil underscores significant concerns about the balance between government authority and democratic freedoms.

It also raises important questions about global tech giants’ roles and responsibilities in safeguarding digital rights and freedoms.

Background

Background information reveals new controversies surrounding Justice Alexandre de Moraes, according to a report by “Folha de S.Paulo.”

The newspaper examined 6 GB of messages and recordings, detailing these contentious developments.

Alexandre de Moraes is a prominent figure in Brazil’s judiciary, serving as a justice on the Supreme Federal Court (STF) and as president of the Superior Electoral Court (TSE).

He has also been central to investigations into disinformation and anti-democratic acts, particularly those involving supporters of former President Jair Bolsonaro.

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