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Elon Musk: SEC’s investigation of Dogecoin tweets is “awesome”



Billionaire Elon Musk said on Thursday that he would welcome an investigation by the U.S. Securities and Exchange Commission (SEC) into tweets about the meme cryptocurrency Dogecoin.

Tesla and SpaceX CEOs are responding to a tweet in the Musk fan account.

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@RationalEtienne wrote: “The U.S. Securities and Exchange Commission (SEC) investigation of a dog meme issued by a hypnotist about a Mijia coin is the peak of 2021

.” @RationalEtienne, who has more than 19,000 followers, wrote.

“I hope they do! That’s great,” Musk replied, two crying emojis.

According to a report in Newsweek, a tweet about the financial regulator First Squawk sparked speculation about the investigation of his position by the U.S. regulator.

First Squawk wrote in its own tweet: “The Securities and Exchange Commission has expressed its willingness to investigate his TESLA chief executive Musk on Dogecoin’s Twitter,” according to “the source is familiar.”

In the past few weeks, Musk has repeatedly recommended Dogecoin to his 48 million followers.

On Wednesday, Musk posted a photo of Dogecoin Shiba Inu on Twitter with “a Dogecoin logo inserted on the actual moon”, which caused the price of Dogecoin to soar again. On February 21, he released the phrase “Dojo 4 Doge”.

Earlier this month, Musk claimed that he had purchased some for his nine-month-old son XÆA-Xii.

In addition, on February 8, Tesla announced in the SEC filing that it had purchased $1.5 billion worth of Bitcoin.

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The committee has not yet confirmed such investigations.

Nevertheless, Musk’s experience in the US Securities and Exchange Commission (SEC) has been very long.

In 2018, he was fined more than 20 million U.S. dollars and stated on Twitter that he was “guaranteed” to privatize the electric car manufacturer at a price of $420 per share and was forced to resign as chairman of Tesla’s board of directors. .

This announcement caused Telsa’s stock to soar, but the SEC stated that Musk did not reduce financing for the transaction, and the rocket scientist admitted that he chose the figure of $420 as a joke of marijuana.

Musk said in an interview with “60 Minutes” later that year that he did not respect the agency and tweeted last summer: “SEC, a three-letter abbreviation, the middle word is Elon’s.”

However, Musk said in a speech on the Clubhouse app at the end of January that his jokes about Dogecoin were “actually just joking.”




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