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US Court Approves Musk-SEC Settlement Over Twitter Stake Disclosure

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JH Kim

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A US court has approved a settlement between Tesla Chief Executive Officer Elon Musk and the US Securities and Exchange Commission over disclosures related to his Twitter stake, Walter Bloomberg reported on July 8.

The settlement stems from the SEC's allegation that Musk failed to promptly disclose his acquisition of a stake in Twitter.

Photo: Shutterstock
Photo: Shutterstock
#Crypto Regulation
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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