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U.S. District Judge William Shubb, in an eight-page decision, dismissed X's request, stating that while the reporting requirement imposes a significant compliance burden, it is not considered unjustified or unduly burdensome within the context of First Amendment law.
“In recent months, there have been several fake news items propagated via social media apps and on various web pages available on the internet claiming that I have endorsed or invested in automated trading applications… named BTC AI Evex, British Bitcoin Profit, Bit Lyte Sync, Immediate Momentum, Capitalix Ventures etc,” Murthy said in a three-post clarification on microblogging website X (formerly Twitter).
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