SEC investigating Elon Musk?

[Jaephoenix]

There are rumors in the mill making rounds that the American Security and Exchange Commission SEC, are investigating the currently world richest man Elon Musk for his reportedly 'manipulative' tweets last month about Dogecoin. If true, do you think they have a case or is SEC trying to be a nuisance again?

[trauchot]

It seems like this is true, because, no need to manipulate cryptocurrencies, so Elon Musk will now pay a fine, of course, it is not yet completely clear what kind of fine Elon Musk will have to pay, but for him it is certainly not a problem, but next time Elon Musk may get off with worse problems.

[Freemind]

I don't think Elon Musk cares about fines, the problem with all of this is that his intentions have been clear from the start. He has not known, or has not wanted to talk in another way to get what he wants, and that does not cause him problems at the moment, but if he does it again, he may have them in the future.

[Filo]

Yeah. It is true. Actually, I like it. He manipulates the price of Dogecoin although I do not think that he holds Dogecoin. He does this for Fun. Fucking billionaires. He should stop manipulating the market.

[yurez]

Perhaps these are just rumors and nothing else, I am not inclined to believe this kind of information without reference to SEC sources.  Maybe someone wants to buy more and cheaper Doge coins.

[TomPluz]

Because this is a rumor we should not believe on it immediately. It is possible that SEC is just sending a warning to Elon Musk to stop what he is doing because he is quite a big influence on the cryptocurrency industry. I prefer that Elon Musk concentrate on spewing out facts rather than showbiz type of information. Instead of releasing personal tweets on any crypto, he can instead concentrate on educating people on cryptocurrency.

[lepbagong]

Perhaps these are just rumors and nothing else, I am not inclined to believe this kind of information without reference to SEC sources.  Maybe someone wants to buy more and cheaper Doge coins.

it could be that what you are saying is the right thing, because we know that @elomusk once tweeted about buying as many coins doge as possible if the whale wanted to let go. of course this could be a trading trick that will make prices go down and large purchases will be made.

but it seems that the request supported by supporters from @elonmusk was not fulfilled. that's why the price of the doge cannot move up until now, is there anything you want to look for, we will listen to it some time later.

[Senin]

There are rumors in the mill making rounds that the American Security and Exchange Commission SEC, are investigating the currently world richest man Elon Musk for his reportedly 'manipulative' tweets last month about Dogecoin. If true, do you think they have a case or is SEC trying to be a nuisance again?

Any person in the media or social networks has the right to express their attitude to any events and processes that occur in the world. Including your opinion about any cryptocurrency. This is called freedom of speech. Elon Musk is not to blame for the fact that other people listen to his every word so much and react so much.
Therefore, Elon Musk's statements about Dogecoin or Bitcoin do not have any violations that could interest the SEC. In my opinion, these are only rumors and assumptions.

[MrSpasybo]

Because this is a rumor we should not believe on it immediately. It is possible that SEC is just sending a warning to Elon Musk to stop what he is doing because he is quite a big influence on the cryptocurrency industry. I prefer that Elon Musk concentrate on spewing out facts rather than showbiz type of information. Instead of releasing personal tweets on any crypto, he can instead concentrate on educating people on cryptocurrency.

The SEC lawsuit is still only in the rumor and Elon Musk's response to that rumor. I believe that even if Elon Musk is fined for his tweets, he will be delighted to promote DOGE & crypto to the world, and this event could push DOGE prices higher.
I also want ElonMusk to approach crypto in a way that is better than how he is manipulating the market by tweeting.
To be honest, a lot of people have lost money investing in DOGE at ATH.

[GREENch85]

All this hype around Elon Musk with his possible involvement in manipulating the Dogecoin rate will be used by Mr. Musk himself to gain additional attention to his person in the crypto space in particular and in the global space in general. I hope that SEC will find something on this citizen))

[Andruha1993]

I think these are just rumors. Since Elon Musk is a very famous person who has provided the world with a lot, and it will be difficult for them to do something against him.

[Jaephoenix]

Perhaps these are just rumors and nothing else, I am not inclined to believe this kind of information without reference to SEC sources.  Maybe someone wants to buy more and cheaper Doge coins.

it could be that what you are saying is the right thing, because we know that @elomusk once tweeted about buying as many coins doge as possible if the whale wanted to let go. of course this could be a trading trick that will make prices go down and large purchases will be made.

but it seems that the request supported by supporters from @elonmusk was not fulfilled. that's why the price of the doge cannot move up until now, is there anything you want to look for, we will listen to it some time later.

That is the exact point SEC is rumored to have be investigating him for. Making 'incendiary' tweets is tantamount to price manipulation. And remember there were rumors he intentionally pumped Doge so people dump bitcoin, and he was buying up bitcoin as the price was dumping. That was how he got his 1.5 billion worth of bitcoin for Tesla. Remember this is all rumors and speculations

[Ghozrd]

Hopefully this is just a rumor as I don't know for sure about this information yet.
Since Tesla accepted Bitcoin payments and @Elon tweeted, some financial experts have criticized Bitcoin's value, but when that criticism came, the Bitcoin price had risen in recent days, then after that the crypto market experienced a slight correction to date.
I see @Elon musk as a crypto enthusiast and investor who can influence the market price, if the rumors are real then this is just a business issue because more and more people use crypto, the value of fiat currency decreases.

[andrewBud]

Elon Musk launched a rocket .. It was an event of national importance.  Would the SEC really can judge such person ?  Yes, the SEC can shake a finger from afar - but no more.

[Bit]

What the hell is that. Why everything is investigated by SEC?
Elon musk just retweeted and many people are encouraged to believe that. It seems not fir for him, or just because he is a very rich man and many competitors of him?