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U.S. Securities and Exchange Commission
Elon Musk claims U.S. authorities are demanding penalty over Twitter stock purchase disclosures
Elon Musk has claimed that the U.S. Securities and Exchange Commission (SEC) is pressuring him to pay a penalty or face legal action over alleged failures in disclosing his purchases of Twitter stock prior to acquiring the platform in 2022. In a letter shared on X (formerly Twitter), Musk’s lawyer, Alex Spiro, criticized the SEC’s…
