Advertisers

San Francisco, CA – In a bold assertion recently, Elon Musk stated that previous advertisers who withdrew from the social media platform X (formerly Twitter) could potentially be in violation of the RICO Act, a claim that raises significant questions about legal boundaries and the impact of advertiser decisions. This proclamation has ignited discussions about the reach and implications of such federal laws in corporate disputes. The RICO Act, formally known as the Racketeer Influenced and Corrupt Organizations Act, was established in 1970 primarily to combat organized crime. However, over the years, its application has … Read more