He’s the world’s richest person, buddies with President-elect Donald Trump and now faces a fresh US regulatory lawsuit that raises questions about how the incoming administration will handle t ...
Notably, the surge came after the SEC filed an appeal to a 2023 ruling in its case against Ripple, the largest corporate holder of XRP. The Wall Street regulator officially filed an appeal to a ...
As a result, the SEC alleges, Musk was able to underpay “by at least $150 million” for shares he bought after he should have disclosed his ownership of more than 5% of Twitter’s shares.
The SEC argued in a Jan. 15 filing to the Second Circuit Appeals Court that a New York District Court was wrong to rule that XRP (XRP) sold to retail investors wasn’t an unregistered securities ...
Paul Atkins, Trump's crypto-friendly pick for SEC chair and former agency commissioner, is widely expected to end a crypto crackdown led by President Biden's Democratic SEC chair Gary Gensler ...
The Securities and Exchange Commission (SEC) has sued tech billionaire Elon Musk, alleging he committed securities fraud by failing to disclose his ownership of Twitter. According to the SEC ...
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"Defendant Elon Musk failed to timely file with the SEC a beneficial ownership report disclosing his acquisition of more than five percent of the outstanding shares of Twitter's common stock in ...
The SEC alleges Musk violated federal securities laws in a new lawsuit. The Securities and Exchange Commission sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when ...
Musk has called the SEC "just another weaponized institution doing political dirty work." Musk started buying shares of Twitter, which he later renamed X, in early 2022. By mid-March, he'd ...
By mid-March 2022, he owned more than 5% of the company’s common stock and was required to disclose that to the SEC within 10 calendar days. The filing alleged that Musk failed to disclose that ...