Gary Gensler, former SEC Chair, is returning to MIT Sloan School of Management to focus on AI research and policy, bridging ...
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.
Dean Norris, known for his role in Breaking Bad, fell victim to a Twitter hack promoting a fake memecoin, causing a $7 ...
Trump token making millions, Hester Peirce to lead a crypto task force, CLS Global pleaded guilty to wash trading, Upbit ...
On the first day of Pwn2Own Automotive 2025, security researchers exploited 16 unique zero-days and collected $382,750 in ...
Elon Musk is being sued by the U.S. Securities and Exchange Commission over his 2022 Twitter takeover. The agency alleges ...
Musk, according to the SEC’s complaint filed in U.S. District Court in Washington, D.C, purchased more than $500 million worth of Twitter stock between March 25, 2022, and April 1, 2022 ...
pressing him to him to explain why he hadn’t disclosed his stake in Twitter within the correct timeline. SEC attorneys in December asked Musk to pay more than US$200mil to settle the allegations ...
WASHINGTON — Elon Musk cheated Twitter shareholders out of more than $150 million by waiting too long to disclose his growing stake in the company as he prepared a takeover bid, the U.S. Securities ...
The U.S. Securities and Exchange Commission sued Elon Musk on Tuesday, alleging failure to timely disclose that he bought more than 5% of Twitter's stock in 2022 before he took ...
At market close on that day, Twitter's stock price increased 27% compared to the prior day's close. The SEC alleges that between March 22 and April 4, Musk purchased more than $500M additional ...
In a complaint filed in Washington, DC, federal court, the SEC said the delay allowed Mr Musk to continue buying Twitter shares at artificially low prices, allowing him to underpay by at least $ ...