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SEC, Musk and Twitter
SEC picks another fight with Elon Musk as Gary Gensler exits
The Securities and Exchange Commission waged another legal battle against Tesla CEO (TSLA) and X owner Elon Musk, this time accusing the billionaire of defrauding Twitter’s shareholders. In a lawsuit filed in Washington DC’s federal district court Tuesday,
Elon Musk sued by SEC over late disclosure of Twitter stake in parting shot by lame-duck Gary Gensler
The SEC said the delay allowed Musk to continue buying Twitter shares at artificially low prices, allowing him to underpay by at least $150 million.
SEC sues Elon Musk over Twitter purchase disclosures
The lawsuit marks the latest salvo in a years-old feud between the SEC and Musk, who has become one of the regulator's highest-profile critics.
3h
SEC Chair Gensler’s Exit Punctuated by Suit Against Musk and a Judicial Rebuff
New litigation charging Musk violated disclosure rules during his 2022 acquisition of Twitter may be more about symbolism ...
1d
on MSN
Gary Gensler is quitting before Trump can fire him. He defends his legacy
CNN’s Kaitlan Collins asks SEC Chair Gary Gensler, who is stepping down from his post following Trump’s vow to fire him, ...
decrypt
5h
SEC Won't Postpone Ripple Lawsuit Appeal Until After Gensler's Departure
The SEC has said it won't back off its Ripple lawsuit appeal until outgoing SEC Chair Gary Gensler leaves the agency on ...
1d
SEC’s Gensler not backing down from crypto crackdown as he exits: 'I feel very good about what we’ve done'
Securities and Exchange Commission chair Gary Gensler is not backing down from his views about the cryptocurrency industry as ...
16m
Why the SEC’s lawsuit against Musk is likely to last
The case sets up an early test of how Trump’s pick to chair the agency — Paul Atkins — would navigate potential clashes with the incoming president's allies.
decrypt
1d
Departing SEC Chair Gary Gensler Slams Crypto Again—But Says Bitcoin Is Different
As crypto’s sheriff prepares to hang up his spurs, SEC Chair Gary Gensler took the opportunity to separate Bitcoin from the ...
coinspeaker
4h
US SEC to Withdraw Crypto Lawsuits, End Crypto Accounting Soon
SEC's crypto stance set to shift under Trump administration as Gary Gensler steps down, with potential review of existing ...
4h
Trump's new SEC leadership poised to kick start crypto overhaul, sources say
Top Republican officials at the U.S. Securities and Exchange Commission are poised to begin overhauling the agency's ...
Inside Bitcoins
12h
XRP Price Prediction: XRP Surges 11% As Ripple Slams Gary Gensler And SEC, While Traders Eye This Crypto Wallet Token Presale With 263% APY
The XRP price surged 11% as Ripple executives slammed the SEC over its appeal filing, while traders buy a new crypto wallet ...
1d
Gary Gensler says the presidential election wasn’t about crypto money
SEC Chair Gary Gensler said he didn’t think the 2024 US presidential election, which led to his resignation, was about money ...
Crypto Briefing
6h
Trump’s SEC to revise crypto policies reshaping enforcement rules
Trump's SEC plans to overhaul SEC crypto policy, focusing on asset classifications and enforcement revisions under new leadership.
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