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BTCC / BTCC Square / Global Cryptocurrency /
Elon Musk Faces SEC Lawsuit Over Twitter Takeover

Elon Musk Faces SEC Lawsuit Over Twitter Takeover

Author:
Global Cryptocurrency
Published:
2025-01-17 04:39:08
11
3
Elon Musk, the world's richest man and a close friend of President-elect Donald Trump, is under scrutiny by the SEC for allegedly missing a key disclosure deadline during his acquisition of Twitter in 2022. The SEC claims this oversight cost Twitter shareholders over $150 million. Musk's legal team has dismissed the lawsuit as baseless and politically motivated. The timing of the lawsuit, coinciding with Trump's upcoming presidency, raises questions about potential political influences on the case.

|Square

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