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Is Musk Going To Pi** off the SEC Again? #135

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Well, we recorded this podcast before this news came out – but we saw this one coming…Tesla’s CEO Elon Musk is reportedly under SEC scrutiny over some alleged cryptocurrency manipulation and it is not over Bitcoin – it is over Dogecoin.

Musk and the SEC have more of a hate-hate relationship than a love-hate relationship, and of course, the SEC has gone after him before. During his attempt to take Tesla private in 2018 he tweeted out “funding secured” which led the SEC to file a lawsuit against him as they felt he was exaggerating, and they fined him, and Tesla, $20M USD each (Musk bought $20M in shares from Tesla to cover their part of the fine and has since made that money backhand over fist). Also, as part of that settlement, Musk had to step down from being the Chairman of the Board.

Recently, with Musk a key evangelist for bitcoin, Tesla bought $1.5B in bitcoin – and his love for crypto does not stop there. Musk has been shilling for Dogecoin, the famous ‘joke’ coin with a dog as its mascot. But will the ‘joke’ be on Musk? As an influencer in today’s society, this means that people will follow where he leads. So, when he tweets his love for bitcoin, it apparently translates to “buy bitcoin” for all the sheep out there. So, what happens when Musk writes “bitcoin is almost as bs as regular money”? Well, it makes the SEC sad, as it starts to apparently look like market manipulation. But is the SEC right to be mad? Join Aviva Ounap, host of Crypto and Blockchain Talk, and Jonathan Dunsmoor from Dunsmoor Law as they have a quick chat about Musk, Bitcoin, and Doge and ask – what will happen?

Tune in to CryptoAndBlockchainTalk.com, the podcast that makes you smarter about the worlds of blockchain and cryptocurrency, and everything in between. It is our mission to interview the brightest stars in this space, bringing them straight to your ears for your listening pleasure, and best of all, for free!

In addition, all interviews are streamed on Crypto24Radio.com, bringing you the latest news on all things blockchain and crypto-related all day, every day - plus music!

So stay tuned and enjoy.

We LOVE having you as our listener, and friend!

SUBSCRIBE to our social channels and never miss an episode: SPOTIFY iTunes Stitcher Soundcloud Google Play Music Tunein Castbox Podchaser Pocket Casts Overcast iHeartRadio PlayerFM YouTube Acast Podnews Castbox Poddtoppen Feedspot Kimcoin PodBean Chartable LISTEN NOTES PodParadise Bullhorn amazon music vurbl

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Do you want us to talk about your project or company? Email us: education@saviidigital.com

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100 episodes

Artwork
iconShare
 

Archived series ("Inactive feed" status)

When? This feed was archived on December 04, 2023 10:08 (10M ago). Last successful fetch was on October 30, 2023 15:43 (11M ago)

Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 286541077 series 2888426
Content provided by Savii Digital. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Savii Digital or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Well, we recorded this podcast before this news came out – but we saw this one coming…Tesla’s CEO Elon Musk is reportedly under SEC scrutiny over some alleged cryptocurrency manipulation and it is not over Bitcoin – it is over Dogecoin.

Musk and the SEC have more of a hate-hate relationship than a love-hate relationship, and of course, the SEC has gone after him before. During his attempt to take Tesla private in 2018 he tweeted out “funding secured” which led the SEC to file a lawsuit against him as they felt he was exaggerating, and they fined him, and Tesla, $20M USD each (Musk bought $20M in shares from Tesla to cover their part of the fine and has since made that money backhand over fist). Also, as part of that settlement, Musk had to step down from being the Chairman of the Board.

Recently, with Musk a key evangelist for bitcoin, Tesla bought $1.5B in bitcoin – and his love for crypto does not stop there. Musk has been shilling for Dogecoin, the famous ‘joke’ coin with a dog as its mascot. But will the ‘joke’ be on Musk? As an influencer in today’s society, this means that people will follow where he leads. So, when he tweets his love for bitcoin, it apparently translates to “buy bitcoin” for all the sheep out there. So, what happens when Musk writes “bitcoin is almost as bs as regular money”? Well, it makes the SEC sad, as it starts to apparently look like market manipulation. But is the SEC right to be mad? Join Aviva Ounap, host of Crypto and Blockchain Talk, and Jonathan Dunsmoor from Dunsmoor Law as they have a quick chat about Musk, Bitcoin, and Doge and ask – what will happen?

Tune in to CryptoAndBlockchainTalk.com, the podcast that makes you smarter about the worlds of blockchain and cryptocurrency, and everything in between. It is our mission to interview the brightest stars in this space, bringing them straight to your ears for your listening pleasure, and best of all, for free!

In addition, all interviews are streamed on Crypto24Radio.com, bringing you the latest news on all things blockchain and crypto-related all day, every day - plus music!

So stay tuned and enjoy.

We LOVE having you as our listener, and friend!

SUBSCRIBE to our social channels and never miss an episode: SPOTIFY iTunes Stitcher Soundcloud Google Play Music Tunein Castbox Podchaser Pocket Casts Overcast iHeartRadio PlayerFM YouTube Acast Podnews Castbox Poddtoppen Feedspot Kimcoin PodBean Chartable LISTEN NOTES PodParadise Bullhorn amazon music vurbl

__________________________

Do you want us to talk about your project or company? Email us: education@saviidigital.com

  continue reading

100 episodes

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