Last year, New York rejected X's request for payment processing due to its connections with Saudi Arabia. The state's assessors expressed concerns about the Saudi Crown Prince Mohammed bin Salman's investment in the company, citing a long history of brutality linked to the Kingdom. This decision indicates a broader scrutiny of how social media platforms may facilitate or escalate human rights issues, especially when associated with controversial investors or governments.
New York's rejection of X's payment processing request is rooted in concerns about the company's ties to Saudi Arabia, particularly the implications of its financial backers.
The assessment highlights a growing scrutiny regarding how platforms like X interact with controversial entities, as they often bear responsibility for larger societal issues.
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