Historic Settlement Reached

In a groundbreaking legal agreement, former United States President Donald Trump has reportedly signed a settlement with Meta Platforms, requiring the tech giant to pay $25 million. This resolution comes in the wake of a lawsuit Trump filed in 2021, following the suspension of his accounts after the Capitol riot.

Allocation of Settlement Funds

Insiders revealed to The Wall Street Journal that the bulk of the settlement, amounting to $22 million, is earmarked for the establishment of Trump's presidential library. The remaining funds are designated to cover legal expenses and provide compensation to other plaintiffs involved in the litigation.

Behind-the-Scenes Discussions

It has come to light that discussions regarding the lawsuit were part of a high-profile meeting between Trump and Meta CEO Mark Zuckerberg during Zuckerberg's visit to Mar-a-Lago last year. Additionally, Meta made a $1 million donation to Trump's inaugural fund, further intertwining the relationship between the tech behemoth and the former president.