证券欺诈

Musk was asked to testify in the SEC's investigation into its $44 billion acquisition of Twitter. Specifically, the SEC is investigating whether there was securities fraud in 2022. This is because Elon Musk had built up his position by buying a large number of Twitter shares before the leveraged buyout of the social media company. After completing the acquisition, Musk renamed Twitter to X.
Additionally, in a court order dated February 10, 2024, federal district judge Laurel Beeler noted that while Musk and his legal team argued that the SEC's subpoenas amounted to harassment of the billionaire, the regulator's request was legal and within its authority. The judge also mentioned that the SEC was looking for "certain, material information" in its investigation.

The U.S. Securities and Exchange Commission (SEC) has charged Terraform Labs and its co-founder Do Kwon with committing multi-billion-dollar crypto-asset securities fraud.

The much-anticipated trial kicked off in dramatic fashion in the U.S. District Court for the Southern District of New York, with Terraform Labs and Kwon named as the central figures in a vast financial scam that left investors virtually penniless after its collapse, Reuters reported on March 26.
The trial marks the final chapter of one of the crypto industry’s biggest black swan events.