SEC sues Elon Musk, says he cheated Twitter investors out of $150 million
SEC: Late disclosure helped Musk buy Twitter shares at $150 million discount.
https://arstechnica.com/tech-policy/2025/01/sec-sues-elon-musk-says-he-cheated-twitter-investors-out-of-150-million/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social
SEC sues Elon Musk, says he cheated Twitter investors out of $150 million

SEC: Late disclosure helped Musk buy Twitter shares at $150 million discount.

Ars Technica
@arstechnica We can’t believe anything musk/trump say. They cheat and lie all the time!
@arstechnica Somebody with a well established Twitter and “Truth” presence, or with reach into Fox, start emphasizing all the ways Elon is better than Donald. Direct attention and approval toward Elon. Stoke Donald’s narcissistic rage at Elon getting that attention and approval. Keep it up till Trump’s DoJ and FBI picks are in office, and then some. Then watch Elon face insider trading or related criminal charges. Then, “splash one.” #uspol

@arstechnica Sadly pointless, as Trump will quash all federal investigations into Elon Musk. It was part of their deal for Musk’s campaign donations.

Quid pro quo.