The European Commission has announced that X, the social platform owned by Elon Musk, must pay a fine of €120 million, roughly $140 million, after being found in breach of several key transparency rules, Reuters is reporting.

The violations include a misleading verification system using the “blue checkmark” badge, inadequate transparency around advertising, and restrictions on researcher access to publicly available data. Specifically, the badge allowed any user to pay for a “verified” status without verifying the actual identity behind the account.

In addition the platform’s advertising repository failed to meet the DSA’s standards for clarity and accessibility. The repository lacked vital information such as the content, purpose and sponsor of ads, and provided slow or overly restricti

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