Security

Elon Musk

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 <p>The US Security and Exchange Commission (SEC) asks a federal judge to force Elon Musk to testify for their investigation into his acquisition of X, formerly Twitter. Musk completed his $44 billion dollar purchase of the social media platform in 2022.</p>
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    <p lang="en" dir="ltr">JUST IN: 🇺🇸 SEC asks federal judge to force <a rel="noopener noreferrer nofollow" title="Elon Musk" href="https://thebittimes.com/tag/elon-musk.html">Elon Musk</a> to testify over his $44 billion acquisition of <a rel="noopener noreferrer nofollow" title="Twitter" href="https://thebittimes.com/tag/twitter.html">Twitter</a>.</p>— Watcher.Guru (@WatcherGuru) November 16, 2023
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 <p>On Thursday, the SEC filed an official court document in San Francisco, defending its investigation and efforts to force Elon into testifying. The regulator says that it is acting within their authority in the investigation.</p>
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 <p><strong>Also Read: Cardano Price on Black Friday 2022</strong></p>
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 <p>Last month, the SEC shared that it was carrying out an investigation into Musk’s X acquisition of <a rel="noopener noreferrer nofollow" title="Twitter" href="https://thebittimes.com/tag/twitter.html">Twitter</a>. Musk had refused to attend a September interview for the probe, the SEC says.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="576" src="https://cdn.thebittimes.com/images/2023/11/17/efed7e72cc4b89b4aab8eee60b2d7c8b.webp" alt="The SEC is asking a federal judge to force Elon Musk to testify for their investigation into his acquisition of X, formerly known as Twitter,
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 <p>Musk and his lawyers on Nov. 2&nbsp;asked the judge&nbsp;to deny the SEC’s motion to compel his testimony. Musk’s lawyers say he had already testified twice, and that the agency was exceeding its authority. To counter the argument, the SEC responded that they were in fact working within its bounds, and were in fact granted authority by law to seek testimony and documents as they continue their investigation.</p>
 <p><strong>Also Read: Lawmakers Urge Banking Regulators to Disregard SEC’s SAB 121</strong></p>
 <p>The SEC adds that it has received new documents to aid its <a rel="noopener noreferrer nofollow" title="Twitter" href="https://thebittimes.com/tag/twitter.html">Twitter</a> investigation since their last interview with <a rel="noopener noreferrer nofollow" title="Elon Musk" href="https://thebittimes.com/tag/elon-musk.html">Elon Musk</a>.</p>
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<div class="cs-entry__tags">
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  <li>Elon Musk</li>
  <li>sec</li>
  <li>Twitter</li>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/sec-asks-judge-to-force-elon-musk-to-testify-in-twitter-probe-tbt70615.html">https://thebittimes.com/sec-asks-judge-to-force-elon-musk-to-testify-in-twitter-probe-tbt70615.html</a></p>

SEC Asks Judge to Force Elon Musk to Testify in Twitter Probe

TheBitTimes

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