• Lka1988@sh.itjust.works
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    8 days ago

    Don’t worry, he’ll just send Big Balls over to fire 75% of SEC staff “accidentally” including the people overseeing this case.

    • logos@sh.itjust.works
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      8 days ago

      Tomorrow trump will talk about how the crazy, corrupt, useless SEC is trying to invade our country through Greenland or some crazy bs and half the country will lap it up.

  • LupusBlackfur@lemmy.world
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    8 days ago

    facing serious allegations from the U.S. Securities and Exchange Commission (SEC)

    The allegations may be serious, however, the attempt to charge Elmo or otherwise hold him to account is destined to fail. Or, at least, be pardoned by Mangolini.

    Add it to the pile…

    🤡 🙄 🖕

    • adarza@lemmy.ca
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      8 days ago

      i think it’s entirely possible that the pardon for ‘everything’ is already waiting for a sharpie scribble and that the SEC charges were not only expected–but planned in advance by muskrat.

    • crusa187@lemmy.ml
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      8 days ago

      Yep, just get this out of the way now and exploit that sweet double jeopardy protection.

  • gamer@lemm.ee
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    8 days ago

    Spiro emphasized that the SEC’s demand for such a large settlement was out of line with previous cases, where penalties for similar violations have typically been much lower, often under $100,000. Musk’s defense team argues that this case should follow those precedents, asserting that the penalties being sought are not proportional to the offense.

    Not fair! That proposed fine would make the crime unprofitable for my client!

  • peoplebeproblems@midwest.social
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    7 days ago

    $150m?

    That doesn’t make any sense. That would have been like $0.19/share.

    He bought Twitter, priced at ~$41 in 10/2022. He’s the last fucker I want to defend, and the SEC is effectively useless, but 19¢ per share?

    It’s 10pm so I’m probably not matching right, but this doesn’t make any fucking sense.

  • DarkCloud@lemmy.world
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    8 days ago

    All America can do is accuse. Accuse and actively deport citizens to El Salvadors prison system. There are no law for the administration and its Oligarchs.

  • forrgott@lemm.ee
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    8 days ago

    The SEC’s latest charges against Musk underscore the challenges faced by high-profile individuals, both in business and politics, when it comes to navigating financial regulations.

    Wow. Being rich makes it harder to not break the law? Think I’m gonna go ahead and can bullshit.

  • jjjalljs@ttrpg.network
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    8 days ago

    “This violation, if proven, only warrants a symbolic fine,” Spiro argued

    Reminded of the narcissist’s prayer

    “”"
    That didn’t happen.
    And if it did, it wasn’t that bad.
    And if it was, that’s not a big deal.
    And if it is, that’s not my fault.
    And if it was, I didn’t mean it.
    And if I did, you deserved it.
    “”"

    I hope when the revolution comes, all the people like this lawyer that enabled Musk also go up against the wall.