Meta to pay Trump $25M for suspending his social network accounts - WSJ

US President Donald Trump has signed settlement papers with Meta on the case of the company blocking his pages on Facebook and Instagram following the riot at the US Capitol in 2021, Report informs via TASS.

The corporation will pay roughly $25 million, the Wall Street Journal reported.

According to the newspaper, some $22 million of the settlement figure will go toward Trump’s presidential library while the remainder will be allocated for legal fees and other plaintiffs involved in the case. The corporation did not admit wrongdoing, the Wall Street Journal noted.

Earlier, Meta CEO Mark Zuckerberg donated $1 million for Trump’s inauguration.