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SEC Might Be Investigating Elon Musk’s Dogecoin Tweets

SEC Might be Investigating Elon Musk’s Dogecoin Tweets
  • Circulating online rumors suggest that Elon Musk might be under investigation
  • The SEC might be probing the Tesla CEO for his Dogecoin Tweets
  • The billionaire faced restrictions before over his comments on Tesla’s private offering

Back in 2018, Elon Musk was charged with Securities Fraud for “misleading Tweets”. Because of this, it became a known fact that the Securities and Exchanges Commission is actively monitoring the billionaire’s Twitter account.

Now, Musk may be under the investigation of the SEC once more over his Tweets that promote Dogecoin to the crypto community.

According to audio-based financial newswire Squawk, the SEC is investigating Musk:

While the rumor has been circulating, it has not been confirmed. Still, despite the rumors of SEC investigation, the billionaire CEO of Tesla still continues to Tweet about his favorite crypto.

Elon Musk has always maintained a positive stance when it comes to blockchain and cryptocurrency. Recently, Tesla also showed their hope in crypto through the purchase of $1.5 billion worth of bitcoins.

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Joseph Joestar is a CoinQuora contributor. He works in various blockchain marketing content projects, specializing in written content such as technical whitepapers, press releases, and articles.