The blue check symbolised (symbolises) being verified, i.e. this account belongs to who it says it does. But it doesn't carry out any/sufficient checks to actually verify that.
USanians have been raised to believe that corporations are somehow above the law but that’s not true. Play stupid games, earn stupid fines a.k.a fuck with people and people will fuck back.
If the company does not want to comply they can simply stop operating there.