Tech Billionaire Elon Musk has revealed that the Securities and Exchange Commission (SEC) has issued a settlement demand in connection with its ongoing investigation into his 2022 acquisition of X (formerly Twitter).
LEADERSHIP reports that SEC was probing to know if Musk violated securities laws by failing to disclose his stock purchases on the social media platform within the required timeframe.
Attorney for Musk, Alex Spiro, shared a letter on social media outlining SEC’s…
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