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Meta will pay Donald Trump roughly $25 million as part of a settlement agreement resolving a 2021 lawsuit, brought after the company suspended the president’s Facebook accounts.
Trump filed the suit after his accounts were taken offline in the wake of the January 6 attack on U.S. Capitol.
Sources familiar with the agreement, told The Wall Street Journal that of the sum, $22 million will go toward a fund for Trump’s presidential library, and the rest for legal fees and the other plaintiffs who signed onto the case.
The president signed the settlement agreement Wednesday, the sources said.
More follows …