SEC Chair Gary Gensler has given Elon Musk a 48-hour deadline to settle potential charges, with the exact details not specified. Musk's attorney has accused the SEC of harassment and politically motivated actions. The SEC has been investigating Musk for delaying the disclosure of his stake in Twitter, which he revealed ten days after the required timeframe. Experts have criticized the SEC's treatment of Musk, highlighting the aggressive tactics used against smaller businesses in other cases.
- Content Editor ( coinpedia.org )
- 2024-12-13
Big Breaking: SEC’s Gensler Threatens Elon Musk with Charges Unless He Settles in 48 Hours