Bitcoin Enemy US Senator Requests SEC To Investigate Elon Musk

Senator Elizabeth Warren, known for her anti-crypto and anti-BTC stances, has demanded an investigation into the negative effects of the Twitter purchase by entrepreneur Elon Musk.

Senator Elizabeth Warren 17 July In a letter to the U.S. Securities and Exchange Commission (SEC) on Elon Musk made by Twitter reception Tesla And Tesla shareholders on you negative effects called for investigation.

In Warren’s letter conflicts of interest, misuse of corporate assets of the subjects included in the investigation demanded it. In the letter, after the senator’s Twitter buyout, Tesla President to Robyn Denholm the concerns expressed recurring seen.

twitter And Tesla company between of your connections Warren, who wanted to be investigated, said that the Tesla board of directors from Musk. independent any action that you don’t get He also claimed that:

The board’s apparent lack of independence, combined with its inaction and incomplete disclosures, raises questions about possible violations of securities laws and stock market rules that fall within the jurisdiction of the SEC.

Also, Elon Musk has recently become CEO of Twitter. Linda Yaccarino despite the appointment will continue to influence senator who thinks this situation to be investigated from the SEC demanded.

Mr. Musk announced the hiring of Linda Yaccarino as Twitter’s new CEO. However, this falls short of addressing concerns about Tesla and Tesla shareholders. Mr. Musk will likely continue to maintain great control over the company.

Besides these Warren, Musk’s advertising revenues to increase Tesla rival to Tesla by agreement with companies that can harm or in the opposite scenario, Tesla on Twitter in favor He suggested he could use it.

After Musk bought Twitter from 50 More Tesla employees restructuring to the social media platform scroll was among the details mentioned. Warren said that the Tesla sources of this event to improper use he pointed out.

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