Elon Musk Facing Insider Trading Charges - Coinleaks
Current Date:September 21, 2024

Elon Musk Facing Insider Trading Charges

billionaire name Elon Muskdue to its moves towards cryptocurrencies. insider tradingfacing charges.

Elon Musk is in trouble with the crypto industry! The billionaire name attracted attention especially with his crypto shares on Twitter. One semester doggeoinMusk, who shared and talked about DOGE contributed to the rise in price. Even Muskfor his son DOGEHe also admitted to taking it.

After all these processes DOGEaccused of manipulating Muskhas now come to the fore with accusations of insider trading over public crypto.

Is Elon Musk a Crypto Manipulator?

Elon Musk has entered the radar of crypto investors. Many crypto investors MuskHe suspects that he is trading crypto with his manipulations.

Recently, Twitter’s use of the Dogecoin figure on the platform shocked the crypto community. Everyone twitterAnd DOGE While waiting for the relationship, it turned out to be something simple and was removed after a week. All of these, DOGEenough to anger investors.

A group of DOGE investors reported that Musk was trading insider information, especially in the Twitter event. Investors in Manhattan federal court They applied about Musk.

Moreover Musk was previously sued by a group of investors. The lawsuit filed by these investors DOGE was about. However, the accusations today are generally that Musk acted with insider knowledge in crypto trading. In the filing, it is stated that Musk deliberately shared crypto shares and earned millions of dollars with these shares.