The European Union on Friday slapped Elon Musk’s X with a 120 million euro, or roughly $140 million, fine in the first penalty under sweeping new tech regulations from Brussels.

The European Commission, the EU’s executive branch, accused the social media company of breaching safety laws with “the deceptive design of its ‘blue checkmark,’ the lack of transparency of its advertising repository, and the failure to provide access to public data for researchers.”

Musk’s company is the first to be fined under the EU’s Digital Services Act , a stringent new set of regulations aimed at cracking down on the spread of disinformation and illegal content online.

“Deceiving users with blue checkmarks, obscuring information on ads and shutting out researchers have no place online in the EU,” said

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