• Landing Page
  • Shop
  • Contact
  • Buy JNews
  • Login
Upgrade
Todosestamosinvitados
Advertisement
  • Home
  • World
  • Politics
  • Health
  • Business
  • Video
  • Sports
  • Lifestyle
  • Travel
No Result
View All Result
  • Home
  • World
  • Politics
  • Health
  • Business
  • Video
  • Sports
  • Lifestyle
  • Travel
No Result
View All Result
Todosestamosinvitados
No Result
View All Result
Home Business

SEC probe of Dogecoin tweets would be ‘awesome’

admin by admin
February 27, 2021
in Business
0
SEC probe of Dogecoin tweets would be ‘awesome’
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter


Elon Musk is ready for a rematch with the Securities and Exchange Commission.

The billionaire Tesla chief appeared to welcome rumors that the agency was probing his Twitter posts about Dogecoin, his favorite meme-inspired cryptocurrency.

“I hope they do! It would be awesome,” Musk tweeted Thursday, adding two emojis of a face crying with laughter.

The world’s second-richest man was responding to unconfirmed chatter about the alleged SEC investigation.

Financial news service First Squawk reported the probe’s existence in a Thursday tweet, citing unnamed “sources familiar with the matter.” But the outlet didn’t provide any further details and no other reports have confirmed the purported investigation.

Elon Musk is welcoming an investigation into his Dogecoin tweets.
Elon Musk is welcoming an investigation into his Dogecoin tweets.
Britta Pedersen/Pool/AFP via Getty Images

The speculation came more than two years after Musk’s famous Twitter-related tangle with the SEC.

Regulators fined him $20 million and forced him to step down as Tesla’s board chairman in September 2018 after he tweeted that he had “funding secured” to take the electric-car maker private at $420 a share.

The Dogecoin speculation came more than two years after Elon Musk's famous Twitter-related tangle with the SEC.
The Dogecoin speculation came more than two years after Elon Musk’s famous Twitter-related tangle with the SEC.
Yuriko Nakao/Getty Images

The surprise claim caused Tesla’s shares to surge, but the SEC found Musk hadn’t locked down any financing for the purported deal and that he settled on the $420 price because he “had recently learned about the number’s significance in marijuana culture.”

Musk took a defiant stance toward the agency in a December 2018 “60 Minutes” interview, saying, “I do not respect the SEC.” He also tweeted a suggestive jab at the commission last July: “SEC, three letter acronym, middle word is Elon’s.”

Musk’s Twitter posts have indeed helped drive up the price of Dogecoin, whose value has surged more than 800 percent this year even though it started as a joke based on an internet meme of a Shiba Inu dog.

Musk caused a spike on Wednesday by tweeting a photoshopped image of the cryptocurrency’s canine mascot planting a Dogecoin flag on the moon. He’s also moved the market by claiming he bought some Dogecoin for his infant son and raising concerns about “concentration” of the coin’s ownership.

Dogecoin was recently trading down 9.7 percent at about 5.1 cents amid the hubbub about the alleged SEC probe.

The SEC declined to comment Friday.





Source link

Previous Post

How Golden Globe nominee Andra Day became Billie Holiday

Next Post

Bill Maher sounds off ahead of Trumps CPAC speech

admin

admin

Related Posts

Business

Nike scores legal victory against Lil Nas X’s ‘Satan Shoes’

by admin
April 4, 2021
Real estate giant Compass valued at $8.2B in NYSE debut
Business

Real estate giant Compass valued at $8.2B in NYSE debut

by admin
April 4, 2021
Business

S&P 500 crosses 4,000 for the first time ever

by admin
April 4, 2021
Business

Amazon joins major companies slamming GOP-led voting laws

by admin
April 4, 2021
Volkswagen US chief takes blame for ‘Voltswagen’ debacle
Business

Volkswagen US chief takes blame for ‘Voltswagen’ debacle

by admin
April 4, 2021
Next Post
Bill Maher sounds off ahead of Trumps CPAC speech

Bill Maher sounds off ahead of Trumps CPAC speech

Premium Content

NFTs Are Neither Miracles nor Scams

April 4, 2021
Chase Claypool involved in Southern California bar fight

Chase Claypool involved in Southern California bar fight

March 24, 2021
Nike scores legal victory against Lil Nas X’s ‘Satan Shoes’

Nike scores legal victory against Lil Nas X’s ‘Satan Shoes’

April 2, 2021

Browse by Category

  • Business
  • Entertainment
  • Fashion
  • Food
  • Health
  • Lifestyle
  • Sports
  • Technology
  • Travel
  • Uncategorized
  • US Politics
  • World

Browse by Tags

Explore Bali Market Stories Pandemic Premium Stay Home United Stated Vaccine Work From Home Wuhan
Todosestamosinvitados

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Learn more

Categories

  • Business
  • Entertainment
  • Fashion
  • Food
  • Health
  • Lifestyle
  • Sports
  • Technology
  • Travel
  • Uncategorized
  • US Politics
  • World

Browse by Tag

Explore Bali Market Stories Pandemic Premium Stay Home United Stated Vaccine Work From Home Wuhan

Recent Posts

  • Man busted for threatening NYPD cops in precinct with knife
  • Gonzaga vs. Baylor Live free Stream Reddit: how to watch NCAA Men’s Basketball 2021 National Championship game Final TV and Schedule
  • How China’s Outrage Machine Kicked Up a Storm Over H&M

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Landing Page
  • Buy JNews
  • Support Forum
  • Contact Us

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?