Despite ‘misgivings,’ judge approves Elon Musk’s .5M SEC settlement

Despite ‘misgivings,’ judge approves Elon Musk’s $1.5M SEC settlement

A judge has approved a $1.5 million penalty levied against Elon Musk that will settle a U.S. Securities and Exchange Commission lawsuit despite having “significant misgivings” about it. U.S. District Judge Sparkle Sooknanan noted that her court would accept the settlement, Bloomberg reported Wednesday, which cited her court opinion. Sooknanan’s approval settles a lawsuit filed by…

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A profile of Justin Sun, who was facing an SEC fraud lawsuit before investing M in Trump family cryptocurrencies and becoming a business associate of Trump (Bloomberg)

A profile of Justin Sun, who was facing an SEC fraud lawsuit before investing $90M in Trump family cryptocurrencies and becoming a business associate of Trump (Bloomberg)

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