Notably, the surge came after the SEC filed an appeal to a 2023 ruling in its case against Ripple, the largest corporate holder of XRP. The Wall Street regulator officially filed an appeal to a ...

Musk, according to the SEC’s complaint filed in U.S. District Court in Washington, D.C, purchased more than $500 million worth of Twitter stock between March 25, 2022, and April 1, 2022 ...

The Securities and Exchange Commission (SEC) has filed its opening brief to escalate its legal battle against blockchain-based digital payment network Ripple. Court documents reveal the regulator ...

As a result, the SEC alleges, Musk was able to underpay “by at least $150 million” for shares he bought after he should have disclosed his ownership of more than 5% of Twitter’s shares.

The SEC on Wednesday filed an opening brief in its efforts to get the US Court of Appeals for the 2nd Circuit to overturn a previous court ruling that found XRP was not classified as a security when ...

As a result, the SEC alleges, Musk was able to underpay “by at least $150 million” for shares he bought after he should have disclosed his ownership of more than 5 percent of Twitter’s shares.

The SEC says that the messages show that Musk privately told Twitter's board that he owned at least 5 percent of its stock, over a week before he publicly announced it. The texts could offer ...

Alex Spiro, a lawyer for Musk, said the action is “an admission” that the SEC cannot bring an “actual case,” because Musk “has done nothing wrong and everyone sees this sham for what it is.” “The ...

The SEC’s lawsuit, filed in federal court in the District of Columbia, says Musk’s delayed disclosure of his ownership allowed him to save more than $150 million on buying Twitter stock.

In a complaint filed in Washington, the SEC said Musk violated federal securities law by waiting 11 days too long to disclose his initial purchase of 5% of Twitter's common shares. An SEC rule ...

FIRST ON FOX: A Democrat senator admitted Tuesday that he would support Secretary of Defense Lloyd Austin's confirmation again if the vote was held today despite Austin's many controversial ...

"Defendant Elon Musk failed to timely file with the SEC a beneficial ownership report disclosing his acquisition of more than five percent of the outstanding shares of Twitter's common stock in ...