PANews
PANews|May 05, 2026 01:00
[Elon Musk Agrees to Pay $1.5 Million to Settle SEC Allegations of Improper Disclosure of Twitter Holdings] According to Cointelegraph, Elon Musk has agreed to pay $1.5 million to settle allegations by the U.S. Securities and Exchange Commission (SEC) regarding his failure to properly disclose his increasing Twitter holdings in 2022. It is reported that Musk has not admitted to the allegations. Previously, the SEC accused Musk of failing to timely disclose that his Twitter holdings had exceeded 5% during his acquisition of Twitter shares in 2022.
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