The SEC alleges Musk failed to disclose his ownership of Twitter stock before buying the social media site in 2022.

Musk, who bought Twitter in October 2022 and renamed it X, had started amassing shares earlier that year. His ownership amounted to more than 5% by March, requiring him to file a disclosure report. The SEC says the report was 11 days late, allowing Musk to "underpay by at least $150 million” for shares purchased before he disclosed his stake.

WASHINGTON — Elon Musk cheated Twitter shareholders out of more than $150 million by waiting too long to disclose his growing stake in the company as he prepared a takeover bid, the U.S. Securities and Exchange Commission claimed in a lawsuit filed days ...

The Securities and Exchange Commission on Tuesday sued Elon Musk over allegations he misled shareholders about his Twitter stock purchases, escalating the agency’s long-simmering feud with the ...

The has SEC said that starting in April 2022, it authorized an investigation into whether any securities laws were broken in connection with Musk’s purchases of Twitter stock and his statements and SEC filings related to the company. Before it filed the ...

Nasdaq has submitted a proposal to enable in-kind creation and redemption for the BlackRock iShares Bitcoin Trust (IBIT).

There are many ways to get rich on Wall Street, but none seem as reliable as the strategies employed by Warren Buffett. The legendary investor took control of Berkshire Hathaway ( BRK.A 0.75%) ( BRK.B 0.73%) in 1965. Over the past six decades, the stock has delivered a 19.6% average annual gain.

XRP ( XRP 0.74%), the native token of the Ripple blockchain, has skyrocketed 480% during the past three months. That stunning rally boosted XRP's market cap to roughly $180 billion, which made it the world's third most valuable cryptocurrency, after Bitcoin ( BTC 0.14%) and Ethereum ( ETH 0.31%).

Cybersecurity mogul John McAfee's X account suddenly became active to promote an AI token on Solana. People aren't buying it.

Crypto fund manager Bitwise Asset Management has officially filed for a Dogecoin (DOGE) exchange-traded fund (ETF) with the U.S. Securities and Exchange

Ripple’s XRP rose by more than 9% on Tuesday morning, leading gains among major cryptocurrencies, as the company secured Money Transmitter Licenses (MTLs) in New York and Texas. These licenses expand Ripple’s compliance footprint in the U.

South Carolina lawmakers are looking to spend more than a million dollars for a third-party consultant to oversee the state’s finances.