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Tag: U.S. Securities and Exchange Commission

Elon Musk
Latest
  • Hum News
  • Oct 03, 2023
Elon Musk must face fraud lawsuit for disclosing Twitter stake late

Elon Musk was ordered by a U.S. judge to face most of a lawsuit claiming he defrauded former Twitter shareholders last year by waiting too long to disclose that he had invested in the social media company, which he later bought and renamed X.

World
  • Hum News
  • Jul 13, 2023
Celsius Network founder arrested, charged with fraud, US prosecutor says

The U.S. Securities and Exchange Commission also sued Mashinsky and Celsius on Thursday, according to a court filing, alleging Mashinsky and Celsius raised billions of dollars through the sale of unregistered crypto asset securities and misled investors about the financial success of his business.

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