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 Securities and Exchange Commission (SEC) has shared that it has settled with crypto lender Plutus Lending, LLC by paying a civil penalty of $1.65 million. The SEC added that they have also ...

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 $3.09) sold to retail investors wasn’t an unregistered ...

SEC crypto overhaul expected soon, possibly starting next week under Trump administration. Peirce and Uyeda to lead reforms, seeking public and industry input on crypto policies. New SEC chair ...

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, but it ...

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running interference in the UN for those carrying this genocide out and our Congress sitting on their hands and national news covering their eyes. Basic silence on this here in our country. THAT ...

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 ...

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 ...

Trump appointee Paul Atkins is set to face a major minefield upon taking over leadership of the SEC, given Musk's close ties to the incoming president Tesla Inc. Chief Executive Elon Musk is in ...

In a complaint filed in Washington, D.C., federal court, the SEC said the delay allowed Musk to continue buying Twitter shares at artificially low prices, allowing him to underpay by at least $150 ...

“Had Musk and his wealth manager disclosed his ownership as required, the stock price would likely have increased significantly,” the SEC’s lawsuit alleged. Musk bought Twitter in October ...