July 24, 2021

Elon Musk unfazed by rumored possibility of SEC probe into Dogecoin tweets

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Rumors of a possible investigation by the United States Securities and Exchange Commission into Tesla CEO Elon Musk’s alleged impact on Dogecoin’s price moves have been circulating on social media over the past day — a phenomenon that one Twitterer has quipped is “peak 2021.” 

I hope they do! It would be awesome

— Elon Musk (@elonmusk) February 25, 2021

Musk’s previous show-downs with the SEC notwithstanding, the CEO appears to be nonplussed about the possibility of an all-too-real legal fallout sparked by his penchant for the meme cryptocurrency. Musk’s professed love for “dogs & memes” has spurred him to repeatedly post jocular memes about Dogecoin (DOGE), most recently one showing the Doge mascot “on the actual moon.” 

Literally pic.twitter.com/XBAUqiVsPH

— Elon Musk (@elonmusk) February 24, 2021

While the reference apes trader lingo for stratospheric price action and could therefore be construed as some form of endorsement, Musk has publicly said that for all his love of the meme cryptocurrency, he is a partisan of Bitcoin (BTC) when it comes to strategic personal and corporate investment. That hasn’t stopped the CEO’s twittering, however tongue-in-cheek, from Title: Elon Musk unfazed by rumored possibility of SEC probe into Dogecoin tweets
Sourced From: cointelegraph.com/news/elon-musk-unfazed-by-rumored-possibility-of-sec-probe-into-dogecoin-tweets
Published Date: Fri, 26 Feb 2021 12:25:21 +0000