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US Securities and Exchange Commission (SEC)

Elon Musk Buys 9.2% of Twitter, Considers Own Social Media Company

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Elon Musk’s Behaviour Labelled ‘Criminal’ Post Bitcoin Price Surge

Elon Musk has been accused of manipulating the price of Bitcoin by economist Nouriel Roubini. In an interview with CoinDesk, Roubini says that it’s “criminal behaviour” for Musk to take an individual stance on the crypto. This comes after Tesla invested $1.5 billion into the cryptocurrency, causing Bitcoin to reach a record high of $47,000. Commenting on @Tesla‘s $1.5 billion bitcoin buy on #CDTV First Mover this morning, @Nouriel said it’s “criminal behavior” for Elon Musk to take an individual stance on bitcoin to pump up the price before announcing Tesla’s investment. “Talk about a criminal enterprise.” pic.twitter.com/aSHPX5ayHM — CoinDesk (@CoinDesk) February 10, 2021 According to Roubini, the US Securities and Exchange Commission (SEC) should...