Rumble and TMTG sue Brazilian Justice Moraes over free speech violations concerning U.S. users on their platforms.
Quiver AI Summary
Rumble, a video-sharing platform, and the Trump Media & Technology Group (TMTG) have filed a lawsuit against Brazilian Supreme Court Justice Alexandre de Moraes in the U.S. District Court for the Middle District of Florida. They allege that de Moraes violated the First Amendment by ordering the suspension of a well-known U.S.-based political user's accounts, claiming such actions threaten free speech and undermine U.S. sovereignty. The lawsuit argues that de Moraes's orders are unenforceable in the U.S. and highlight a broader issue of foreign judicial overreach. The targeted user, identified as Political Dissident A, has faced legal action in Brazil for expressing controversial opinions, raising concerns about their speech rights. Rumble's CEO, Chris Pavlovski, emphasized the importance of the case for free speech, while the lawsuit seeks to protect American businesses from external censorship demands, indicating its implications for foreign influence over U.S. rights.
Potential Positives
- Rumble has filed a significant lawsuit aimed at defending First Amendment rights, positioning itself as a champion for free speech in the digital age.
- The lawsuit highlights Rumble's commitment to U.S. sovereignty and the protection of constitutional principles, which could enhance its reputation among users and investors.
- The company reported a substantial increase in Monthly Active Users, from 53 million to 67 million, signaling growth and increasing engagement on its platform.
- Rumble reached a peak of nearly 1.8 million concurrent viewers on Election Night 2024, indicating strong viewer interest and active user participation during major events.
Potential Negatives
- The lawsuit could draw negative attention to Rumble's operations, associating the company with controversial political issues and figures, potentially alienating some users and investors.
- Legal disputes, especially against a foreign authority, may divert resources and focus from Rumble's core business activities and growth initiatives.
- The situation may raise concerns about Rumble's relationship with foreign governments, affecting its international reputation and future opportunities in international markets.
FAQ
What is the lawsuit filed by Rumble and TMTG about?
Rumble and TMTG are suing Brazilian Supreme Court Justice Alexandre de Moraes for violating U.S. free speech protections.
Why did Rumble disable access in Brazil?
Rumble disabled access in Brazil in protest of Justice Moraes' censorship demand against a political dissident on their platform.
Who is Political Dissident A?
Political Dissident A is a former priest and independent journalist who fled Brazil due to charges related to free speech.
What are the implications of this lawsuit for free speech?
The lawsuit addresses concerns about foreign legal overreach and aims to protect First Amendment rights for U.S. companies.
How many active users does Rumble have?
Rumble reported 67 million Monthly Active Users in the third quarter of 2024, reflecting significant growth from previous quarters.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RUM Congressional Stock Trading
Members of Congress have traded $RUM stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $RUM stock by members of Congress over the last 6 months:
- SENATOR DAVID MCCORMICK sold up to $5,000,000 on 01/16.
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$RUM Insider Trading Activity
$RUM insiders have traded $RUM stock on the open market 26 times in the past 6 months. Of those trades, 0 have been purchases and 26 have been sales.
Here’s a breakdown of recent trading of $RUM stock by insiders over the last 6 months:
- RYAN MILNES sold 24,978,210 shares for an estimated $187,336,575
- ROBERT ARSOV has made 0 purchases and 16 sales selling 12,687,513 shares for an estimated $94,535,204.
- CHRISTOPHER PAVLOVSKI (Chief Executive Officer) has made 0 purchases and 2 sales selling 9,991,283 shares for an estimated $74,934,622.
- BRANDON ALEXANDROFF (Chief Financial Officer) has made 0 purchases and 2 sales selling 8,872,259 shares for an estimated $66,541,942.
- WOJCIECH HLIBOWICKI (Chief Technology Officer) has made 0 purchases and 2 sales selling 6,913,967 shares for an estimated $51,854,752.
- CLAUDIO RAMOLO (Chief Content Officer) has made 0 purchases and 2 sales selling 6,269,731 shares for an estimated $47,022,982.
- TYLER HUGHES (Chief Operating Officer) sold 312,727 shares for an estimated $2,345,452
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RUM Hedge Fund Activity
We have seen 85 institutional investors add shares of $RUM stock to their portfolio, and 65 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS GROUP AG added 1,398,471 shares (+9299.0%) to their portfolio in Q4 2024, for an estimated $18,194,107
- D. E. SHAW & CO., INC. added 1,337,321 shares (+9234.4%) to their portfolio in Q4 2024, for an estimated $17,398,546
- GROUP ONE TRADING LLC added 897,052 shares (+1045.0%) to their portfolio in Q4 2024, for an estimated $11,670,646
- CITADEL ADVISORS LLC added 747,714 shares (+41748.4%) to their portfolio in Q4 2024, for an estimated $9,727,759
- MILLENNIUM MANAGEMENT LLC added 580,105 shares (+287.7%) to their portfolio in Q4 2024, for an estimated $7,547,166
- GOLDMAN SACHS GROUP INC added 497,690 shares (+4739.5%) to their portfolio in Q4 2024, for an estimated $6,474,946
- NORGES BANK removed 344,309 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $4,479,460
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
LONGBOAT KEY, Fla, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Rumble ( NASDAQ:RUM ), the video-sharing platform and cloud services provider, today announced that it has filed a lawsuit along with the Trump Media & Technology Group (TMTG—owners of TRUTH Social) against Brazilian Supreme Court Justice Alexandre de Moraes, alleging that Moraes violated the free speech protections of the First Amendment when he ordered the suspension of the U.S.-based accounts of a specific well-known, politically outspoken user. Rumble and TMTG filed the suit in the U.S. District Court for the Middle District of Florida and seek a declaration that de Moraes’ orders are unenforceable in the United States. Neither Rumble nor TMTG have any entities, operations, employees, bank accounts, or businesses in Brazil.
“Allowing Justice Moraes to muzzle a vocal user on an American digital outlet would jeopardize our country’s bedrock commitment to open and robust debate,” the lawsuit reads. “Neither extraterritorial dictates nor judicial overreach from abroad can override the freedoms protected by the U.S. Constitution and law.”
Rumble and TMTG claim that not only do Moraes’ orders violate U.S. public policy by undermining America’s basic principle of free speech, but they also violate U.S. sovereignty by asserting that a Brazilian court can exercise jurisdiction over an American company engaged in U.S.-based activity without the consent of the U.S. government.
The Rumble user Moraes targeted with his gag order was identified in the complaint as Political Dissident A, a former priest and independent journalist who fled Brazil for the United States in 2021 after he was charged with various crimes for the simple act of giving voice to information that Moraes found upsetting and labeled “disinformation.” The justice also issued an order for the political dissident’s detention and attempted, unsuccessfully, to have him extradited to Brazil for trial for his alleged speech crimes.
“This case is a landmark battle for free speech in the digital age,” said Rumble CEO Chris Pavlovski. “In March 2024, the U.S. government formally rejected Brazil’s request to extradite the political dissident, ruling that the charges were nothing more than 'crimes of opinion' and violated fundamental free speech protections. This should have ended Moraes’ pursuit of the political dissident. Instead, he is now attempting to sidestep the U.S. legal system entirely—using secret censorship orders to pressure American companies into banning the political dissident worldwide.”
“The United States has established legal processes for recognizing and enforcing foreign court orders, including Brazil, but those processes require review and approval by U.S. authorities,” said Rumble’s attorneys E. Martin De Luca & Matthew L. Schwartz of Boies Schiller Flexner LLP. “Alexandre de Moraes is attempting to sidestep U.S. law entirely. Rumble and Trump Media’s lawsuit seeks the protection of a U.S. federal court to ensure that American businesses remain governed by American law and that no foreign court can unilaterally dictate what speech is allowed on American platforms without proper authorization from the U.S. government.”
Justice Moraes has a troubling history of unlawful, authoritarian censorship of online platforms, including Rumble, which permit free speech on topics that do not meet his personal approval. In December 2023, he demanded that Rumble remove content from a certain creator on the platform. Rather than comply with this unlawful attack on free expression, Pavlovski elected to disable all access to the platform from within Brazil in protest.
Earlier this month, Justice Moraes abruptly rescinded its censorship order and Rumble restored access to the people of that country. But within days, Moraes became dissatisfied with Political Dissident A content and demanded that the dissident’s account be suspended or else.
After the U.S. rejected his extradition request of Political Dissident A, Moraes sought to enforce his orders by requiring Brazilian lawyers previously affiliated with Rumble to facilitate service of his censorship directives. The lawsuit contends that this constitutes an improper attempt to manufacture jurisdiction over a U.S.-based company.
Pavlovski has publicly decried Moraes’ heavy-handed censorship tactics before, including as a witness before the Global Human Rights Subcommittee of the U.S. House of Representatives Committee on Foreign Affairs.
“We received requests from the Brazilian government to remove certain creators from our platform. The content did not violate our terms and conditions, but instead shared opinions that were ‘unpopular’ in Brazil at the time,” Pavlovski testified. “Every totalitarian regime that has crushed the rights of individuals, has sought to control what people can say and hear. It’s never the good guys doing the censoring.”
This case has broad implications for free speech and the jurisdictional limits of foreign courts. If foreign judges can extend their censorship rulings to U.S. companies, it raises serious concerns about international legal overreach and the application of First Amendment protections. The lawsuit seeks to ensure that U.S. companies remain governed by U.S. law and constitutional standards.
TMTG is a plaintiff in the suit because it relies on Rumble’s back-end services for TRUTH Social, including cloud hosting and video streaming. These extraterritorial demands threaten to erase lawful American speech and disrupt TRUTH Social’s core functionality within the United States.
ABOUT RUMBLE
Rumble is a high-growth video platform and cloud services provider, founded in 2013 by entrepreneur Chris Pavlovski, which is creating an independent infrastructure intended to make it impervious to cancellation or censorship by Big Tech. In the most recent numbers publicly available, Rumble, which went public in September 2022, reported 67 million Monthly Active Users in the 3rd Quarter of 2024, up from 53 million the previous quarter, or an increase of 26%.
On Election Night 2024, concurrent viewers peaked at a record of nearly 1.8 million, according to StreamCharts. Following the election, the Rumble app reached #3 in the Apple App Store in the Photo & Video category, ahead of YouTube. Rumble’s mission is to restore the internet to its roots by making it free and open once again.
For more information, visit: corp.rumble.com .
Contact: [email protected]