Meta, the parent company of Facebook, has agreed to pay former President Donald Trump of the United States $25 million as a settlement for a lawsuit he filed. In 2021, Trump filed a lawsuit against Meta for suspending his Facebook and Instagram accounts after the January 6 riot at the Capitol.

Returning president was suspended from popular social media platform in wake of the January 6th Capitol riots.

Mark Zuckerberg said it was too risky to let Trump on his platform. But he's now cutting a check to stay in Trump's good graces and settle a lawsuit over his ban, the WSJ reports.

Under the deal, Meta will pay $22 million to a fund to support the construction of Trump’s presidential library.

Meta Platforms Inc. agreed to pay $25 million to resolve Donald Trump’s claims that his ban from the company’s social media networks after the Jan. 6, 2021, riot at the US Capitol was illegal censorship,

Meta has agreed to pay $25 million to settle a lawsuit filed by President Donald Trump against the social-media company after it suspended his Facebook and Instagram accounts following the January 6 Capitol riot in 2021.

Meta CEO Mark Zuckerberg (C) attends President Trump's inauguration ceremony on Jan. 20 in Washington, D.C. Photo: Kenny Holston/Pool/AFP via President Trump on Wednesday settled a lawsuit that will require Meta to pay about $25 million,