SEC investigating Elon Musk?

[Freemind]

@Galley the problem (one of them) is that he has tried to manipulate the Doge market by wanting to buy the entire supply, even to say that Doge was centralized because some had too many coins, that's hypocrisy since Elon wanted those coins for himself. I don't think it's just one person's opinion when what you want to do is control the market.

[Senin]

In this case Elon is not at fault, because what Elon Musk did actually made the price of Cryptocurrency increase. And everyone is happy with the change, I think a lot of people will support Elon Musk.

No you're wrong. There were those who bought the asset already at the peak, that is, at the maximum price. Then he fell, and these people lost a lot. But the question is different: no one forced them to buy?

The American SEC can still hold him accountable, whether or not he didn't force anyone to buy. Remember their laws are a bit skewed towards the consumer, thus Elon Musk may have a pending case

I think that in order to bring Elon Musk to justice, the SEC must have evidence not only of his personal benefit from what Elon Musk wrote on social networks, but also a deliberate abuse of his rights. Each person can express their opinion about the upcoming rise or fall in the price of a particular cryptocurrency. We do the same and hope that we are also contributing to attracting new people to cryptocurrency and that it will grow in value. For famous people, there are no additional prohibitions in this regard.

[Freemind]

@Senin you say that for famous people there are no additional prohibitions in this regard, but they must exist when you know that thousands or millions of people are going to do what you say or do on a social network. Elon Musk is not just another Twitter user, he moves masses, and that is dangerous.

[indexx]

In my opinion, the steps taken by the SEC are indeed to investigate Elon Musk regarding what is actually Elon Musk's main goal in this crypto.

[owlest]

@Senin you say that for famous people there are no additional prohibitions in this regard, but they must exist when you know that thousands or millions of people are going to do what you say or do on a social network. Elon Musk is not just another Twitter user, he moves masses, and that is dangerous.

I completely agree. I myself thought at first that the SEC was beginning to dictate conditions. But in fact, because of Musk's tweets, many who followed him lost part of the asset. Yes, they are mostly to blame. But you don't need to take advantage of their stupidity either.

[Freemind]

@owlest Elon Musk has taken advantage of that with his tweets. Fortunately the whales ignored him when he said that he would pay well for all the coins that are in the largest wallets. His tweets are not simple comments like mine or those of most Twitter users, his tweets are for manipulation.

[DAMKAR]

@Senin you say that for famous people there are no additional prohibitions in this regard, but they must exist when you know that thousands or millions of people are going to do what you say or do on a social network. Elon Musk is not just another Twitter user, he moves masses, and that is dangerous.

I don't agree if Elon Musk is blamed for his tweets.  Everyone has their own analysis of what they will do and have done.  It seems that the elon musk moves the masses, No i thinkn it could be just an assumption.

[Freemind]

@DAMKAR that Elon Musk moves masses is a fact, you just have to look at his Twitter for example, and that their words influence the actions of many people it is also a fact, personally I know two people with few neurons who have done it and have lost money, so there must be many more people in the same situation. I hope they learned something after what happened to them.

[David0]

The SEC will most likely investigate this case, but nothing special will come of it. Elon Musk will once again receive advertising for himself as an extraordinary person who can literally push the crypto market in the right direction with just a few words. And the possible penalties cannot be compared with the possible income scorch.

[owlest]

@owlest Elon Musk has taken advantage of that with his tweets. Fortunately the whales ignored him when he said that he would pay well for all the coins that are in the largest wallets. His tweets are not simple comments like mine or those of most Twitter users, his tweets are for manipulation.

I think so too. At first I thought that in his tweets such that he was attracted by the attention of SEC? Later I understood what the essence. Although you know, not all understood and believe in the holiness of the Musk.

[Jaephoenix]

Well, it looks like the rumors are actually true. SEC has formally instituted allegations against Elon Musk for his tweets on Dogecoin. They must have had evidence of him profiteering from his posts. So people lets see what is going to happen

[Freemind]

@Jaephoenix if Elon Musk is finally investigated by the SEC (which I also doubt), I don't think anything will happen to him either, I think he won't even care, and if he does, he won't say so publicly. At the most, Elon could be fined (if I were Elon Musk, I'd laugh at the fines) or maybe a simple warning. But I guess that will at least make Elon think the next time he tries something similar.

[IyemRoker]

Indeed, the SEC is always acting up and always finding fault with others, but we have to think positively that the presence of the SEC can change the situation in the future well.
Maybe yesterday Ripple was investigated by the SEC and caused the price to dump badly but now Ripple is slowly starting to go up again and it turns out that the SEC is receiving a lot of money for the investigation, is this the drama of the bully?

[Jaephoenix]

Indeed, the SEC is always acting up and always finding fault with others, but we have to think positively that the presence of the SEC can change the situation in the future well.
Maybe yesterday Ripple was investigated by the SEC and caused the price to dump badly but now Ripple is slowly starting to go up again and it turns out that the SEC is receiving a lot of money for the investigation, is this the drama of the bully?

You just made a serious allegation there against SEC, that they collect money for investigating people. It may be true(I have actually thought about it) but it may be false. Americans take such corruption allegations serious

[Delgboke]

The essence of the investigation must not be neglected if the tweet of Elon musk threatens the safety of people's finance based on the dogecoin, because of his investment in cryptocurrency in other hand the investigation is of no use if Elon musk tweet is positive and not harmful to peoples finance.