https://mashable.com/article/x-twitter-value-down-fidelity
And so no it can't be saved if it continues on its current trajectory.
Maybe if he reverts the name.
Define saved.
I'm trying to understand that news since today's morning. It makes no sense.
Edit: Another comment clarified it. Twitter didn't deposit it on the government account, they created a new account arbitrated by the judge and deposited it there.
And as for the court "playing technicalities", that's just false. The court literally told the bank to fix it directly (i.e. move the money to the right account). The court is ordinarily under no obligation of being so practical about this kind of stuff. In lower courts it would probably take weeks to fix this mess.
Source: I was sued by the brazilian govement because my accountant fucked up and had to hirre a layer to negotiate and paied my fees in the course of 10 years.
According to the official decision from the judge (https://noticias-stf-wp-prd.s3.sa-east-1.amazonaws.com/wp-co...), the value was deposited using a DJE (Documento para Depósitos Judiciais ou Extrajudiciais), not a GRU. The judge ordered the bank to transfer the value to the correct account.
(source for the official decision: https://noticias.stf.jus.br/postsnoticias/stf-determina-tran...)
I guess a good international translation would be "Twitter created an account they can't withdraw, and deposited the money there. The Brazilian Judiciary can say where the money goes to, but it was not sent to the government yet."
You have to fill in the destination and I bet this is where somebody made a mistake. I'm also sure it will take some time and patience to get it sorted.
Alexandre the Moraes pretty much ignored the constitution in every step this proccess.
This comment will be downvoted to hell, but reality is reality.
