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Musk vs SEC feud over Twitter acquisition continues


Elon Musk has been in a legal battle with the SEC since his Twitter takeover. Now called X, Musk paid $44 billion to acquire the platform in October 2022. The SEC is currently forcing Musk to testify in the acquisition case. The SEC has alleged that Musk broke a number of federal securities laws...

SEC Sues Musk to Make Him Testify in Twitter Takeover Investigation


U.S. Securities and Exchange Commission (SEC) is trying to force Elon Musk to testify in its probe into his purchase of Twitter, now X. After some back and forth, the billionaire investor bought the social media platform for $44 billion in October 2022 and the SEC’s probe is focused on Twitter...

‘ETFs Are Inevitable But Not Imminent’, Crypto Expert Argues


Talking to Cryptonews, crypto expert Peter Eberle discussed the potential for crypto exchange-traded funds (ETFs), the impact of the Grayscale-US SEC battle, the current state of crypto investments, and the relevance of regulatory clarity in the space. Eberle is the President and Chief Investment...

SEC Seeks Rejection of Coinbase’s Pushback Against Its Lawsuit


The U.S. Securities and Exchange Commission (SEC) has asked a judge to reject Coinbase’s attempt to have the regulator’s lawsuit against it dismissed. The exchange had alleged that the agency overstepped its authority and abused its discretion in claiming that digital assets offered on the trading...

3 Cryptos to Buy Now if XRP Price Doesn’t Reach $1 in 2023


XRP ($XRP), the cryptocurrency that powers the XRP Ledger that was launched by US fintech company Ripple Labs back in 2011, has been back in the headlines on Wednesday. District Judge Analisa Torres just rejected a bid by the US Securities and Exchange Commission (SEC) to appeal a recent legal...

Coinbase vs. SEC: Regulator Pushes Back Against Exchange


The battle between Coinbase and the U.S. Securities and Exchange Commission (SEC) continues to intensify as regulators push back against the crypto exchange's attempts to have a securities law violation lawsuit dismissed. The SEC originally filed the lawsuit against Coinbase in June, alleging that...

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