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Elon Musk Slams SEC, Ripple CEO Agrees
In a recent statement, Elon Musk slammed the Securities and Exchange Commission (SEC), stating that they are “out of touch” with the crypto market. This bold move has sparked controversy in the cryptocurrency community. Meanwhile, Brad Garlinghouse, CEO of Ripple, has agreed with Musk’s sentiments, expressing his support for the billionaire entrepreneur.
Musk’s statement came after he was summoned by the SEC to answer allegations that Tesla had misled investors about its financial performance. The SEC claims that the company did not properly account for the costs associated with vehicle production and storage.
Source: u.today
