By Kaitlan Collins, CNN
(CNN) — President Trump signed a settlement agreement at the White House Wednesday ending the lawsuit he brought against Meta after the company suspended his account in the aftermath of the January 6 attack on the Capitol, according to a person familiar with the matter.
Trump signed the agreement that, according to a preliminary draft, requires Meta to pay out roughly $25 million, $22 million of which will go to a fund for Trump’s forthcoming presidential library. The remaining amount goes to attorneys’ fees and the other plaintiffs, a person familiar with the matter said.
The settlement comes after Zuckerberg has worked to ingratiate himself with Trump since he won the 2024 election, donating $1 million to his inauguration and then attending as he sat alongside Cabinet members. He also relaxed new content moderation rules on Facebook, Instagram and Threads, scrapping partnerships with third-party fact-checking groups and move toward an X-style “community notes” system instead.
Trump and Zuckerberg specifically discussed the lawsuit when he visited Trump’s club in November following the election, the source said.
The relationship has come a long way from when Trump threatened to send Zuckerberg to prison.
The WSJ first reported on the agreement. CNN has reached out to Meta for comment. The White House declined to comment.
This is a developing story and will be updated.
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