Federal prosecutors are reportedly widening their investigation into Tesla and its CEO, Elon Musk, probing into undisclosed personal benefits and a mysterious project known as “Project 42” that allegedly was planned to build Musk a mansion made of glass.
The Securities and Exchange Commission (SEC) is embracing AI technologies to enhance “market surveillance” and assist in enforcement investigations.
Federal agencies, including the DOJ and the SEC, have initiated investigations into Tesla’s secretive “Project 42,” raising questions about the company’s use of funds to potentially benefits to CEO Elon Musk. The project involved building a large glass structure that seemingly is intended to serve as a mansion for Musk.
More than 3,000 Tesla shareholders are set to receive a payout of approximately $12,397 each, following a Securities and Exchange Commission (SEC) lawsuit against Elon Musk for his infamous “funding secured” tweet from 2018.
Digital World Acquisition Corp. (DWAC) and Trump Media & Technology Group Corp (TMTG) reaffirmed their commitment to a merger agreement that would unlock millions in financing for former President Donald Trump’s Truth Social.
Facebook users have less than a month to claim their share in a historic $725 million settlement over privacy violations, a consequence of Mark Zuckerberg’s role in the infamous Cambridge Analytica scandal.
The U.S. Securities and Exchange Commission has accepted six spot bitcoin exchange-traded funds (ETF) applications for review. The agency has taken an aggressive stance against cryptocurrencies under President Joe Biden.
Alex Mashinsky, the founder of Celsius Network, was arrested this week on federal securities fraud charges. The crypto lending platform also agreed to pay a $4.7 billion settlement to regulators over its past mistreatment of investors.
Popular crypto exchange Coinbase has issued a fiery challenge against recent SEC allegations and claims that it does not engage in trading unregistered securities. According to Coinbase, allegations from the SEC are based on “superficial and incorrect analogies to products and services offered by others.”
Cryptocurrency exchange Coinbase filed a lawsuit against the Securities and Exchange Commission (SEC) on Monday, urging the regulator to publicly disclose its response to a petition concerning the regulation of the crypto industry within existing SEC frameworks.
Former Twitter CEO Jack Dorsey’s payment processing firm Block suffered a stock price drop of 15 percent this week after claims by Hindenburg Research that the company has facilitated fraud and inflated its user numbers. Researchers were reportedly able to set up a Cash App account in the name of former President Donald Trump, and even secure a Cash App card with his name on it.
Warnings have emerged of a wider banking collapse, with a leading financial expert warning that Credit Suisse may be the next to fall.
Tesla CEO Elon Musk recently won a lawsuit brought against him by Tesla investors who claimed they were financially affected by his infamous 2018 “funding secured” tweets about taking the company private.
The latest true crime limited series, “Madoff: the Monster of Wall Street,” is one of Netflix’s best in a long, long time.
Gary Wang, co-founder of FTX, and Caroline Ellison, former co-CEO of Sam Bankman-Fried’s Alameda Research, have both pleaded guilty to federal offenses in the Southern District of New York, according to a statement released by U.S. Attorney Damian Williams this week.
Disgraced FTX founder and Democrat super donor Sam Bankman-Fried has been arrested on a number of charges including orchestrating a “years-long fraud.” Here are some of the previous allegations made against Bankman-Fried leading up to his arrest.
FTX founder and Democrat Super Donor Sam Bankman-Fried has been accused of orchestrating a “year-long fraud” by the Securities Exchange Commission.
The FTC is reportedly investigating several cryptocurrency firms over allegations that their advertisements are deceptive or misleading. The investigation comes in the wake of the collapse of FTX, which had a slew of celebrity “ambassadors” suggesting its services to the general public.
Bankrupt cryptocurrency exchange FTX, founded by disgraced crypto CEO and Democrat super donor Sam Bankman-Fried, could owe money to more than one million people and organizations, according to documents filed in bankruptcy court this week.
Shark Tank star and venture capitalist Kevin O’Leary recently stated that he planned an attempt to save cryptocurrency exchange FTX hours before it filed for bankruptcy but held off following comments from SEC Chairman Gary Gensler.
BIRMINGHAM, Ala. (AP) — The Southeastern Conference has fined Tennessee $100,000 for a wild, field-storming celebration after a win over Alabama.
The company founded by former President Donald Trump that launched his social media platform Truth Social is considering legal action against the Securities and Exchange Commission (SEC) for allegedly slow-walking approval of the company’s planned merger with another company that would provide the joint entity a mass infusion of capital, Breitbart News has learned exclusively.
Elon Musk’s lawyers have sent a third termination notice to Twitter to end his $44 billion acquisition deal with the company, this time objecting to Twitter paying a severance package to its former security head Peiter “Mudge” Zatko in June. Zatko recently came out with an explosive whistleblower against the complaint alleging terrible security practices and not paying serious attention to the problem of bots and other fake accounts.
Pressure is mounting on the Securities and Exchange Commission (SEC) over an alleged conflict of interest involving a member of the agency and Ether, the cryptocurrency of the Ethereum blockchain.
Recently, former Twitter security chief Peiter ‘Mudge’ Zatko has come forward with a shocking whistleblower complaint alleging that the company purposefully misled regulators about poor security and spam. Here are his key claims.
Former Twitter security chief Peiter ‘Mudge’ Zatko has come forward with a shocking whistleblower complaint alleging that the company purposefully misled regulators about poor security and spam. In the complaint filed with the SEC, DOJ, and FTC, Zatko contends that the company lacks basic security practices and prioritizes user growth above all else, claiming CEO Parag Agrawal is “lying” when claims to fight spam.
Retired WWE boss Vince McMahon paid $14.6 million to women who have accused him of sexual misconduct, according to recently revealed WWE filings.
Tesla CEO Elon Musk has abandoned his deal to acquire Twitter for $44 billion in a letter to Twitter filed with the SEC on Friday. According to the letter, “Twitter has not complied with its contractual obligations. For nearly two months, Mr. Musk has sought the data and information necessary to ‘make an independent assessment of the prevalence of fake or spam accounts on Twitter’s platform’.”
On Monday’s broadcast of the Fox Business Network’s “Kudlow,” Sen. Mike Lee (R-UT) criticized the Securities and Exchange Commission (SEC) over a proposed climate rule requiring public companies to report their carbon emissions and argued that we need to “overhaul
On Monday’s broadcast of the Fox Business Network’s “Kudlow,” House Minority Leader Rep. Kevin McCarthy (R-CA) argued that the proposed climate rule by the Securities and Exchange Commission (SEC) requiring public companies to report their carbon emissions could do the “biggest
Tesla and SpaceX CEO Elon Musk is set to address Twitter employees at an all-hands meeting on Thursday. Musk’s contentious potential buyout of the social media platform has caused plunging employee morale, with one survey finding 78 percent of employees do not believe he has the company and its shareholders’ best interests at heart.
Heritage Action announced it has launched a comment portal in response to Joe Biden’s Securities and Exchange Commission (SEC) sweeping proposed rule that would require public companies to disclose not only their own greenhouse gas emissions but also the emissions of customers and suppliers.
Tesla CEO Elon Musk is threatening to end his $44 billion buyout offer of Twitter, accusing the social media company of not complying with his request for data on how many fake accounts exist on the site.
The SEC is investigating Tesla CEO Elon Musk’s disclosure of his stake in Twitter according to a recent letter sent by the agency.
A lawsuit has been filed against Tesla CEO Elon Musk on behalf of Twitter shareholders, claiming that the billionaire Tesla CEO actively manipulated Twitter stock for his own gain.
Tesla CEO Elon Musk continues to stall his acquisition of the social media platform Twitter, claiming that he cannot move forward until the number of bot accounts on the platform is clarified. Musk said in a tweet to the platform that his offer was based on “Twitter’s SEC filings being accurate,” and that he believes the platform could have 20 percent bots “or *much* higher.”
Tesla CEO Elon Musk has reportedly placed his $44 billion deal to acquire Twitter on hold pending an investigation into bot accounts on the platform. The stock has plummeted more than 15 percent in pre-market following Musk’s announcement released on his Twitter account.
The SEC has reportedly launched a probe into Tesla CEO Elon Musk’s late disclosure last month of his large stake in Twitter, according to the Wall Street Journal.
In a recent SEC filing, Twitter acknowledged that its core advertising business may be at risk as ar result of Tesla CEO Elon Musk’s acquisition of the company. The far-left San Francisco company also admitted that the buyout could impact employee hiring and retention.
A federal judge has denied Elon Musk’s request to end an agreement with the SEC that requires him to have social media posts about Tesla approved by a company lawyer, popularly referred to as his “Twitter sitter.”
