President Donald Trump has reportedly signed a roughly $25 million settlement agreement with Meta over the social media company's decision to suspend his accounts following the Jan. 6, 2021, Capitol incursion.

"Facebook’s own Oversight Board concluded that the...indefinite deplatforming of President Trump lacked any basis in its existing, consistently applied community standards."

Meta will pay $25 million to settle Donald Trump's 2021 lawsuit against the tech company, which came after the president's social media accounts were suspended following the events of Jan. 6, 2021.