Did The SEC Start An Investigation Against Elon Musk?

Elon Musk responded to a tweet alleging that the SEC was investigating him.

Elon Musk, who has been leading the digital markets in the last period, stands out with his Dogecoin tweets rather than the recoys he sends to space. It was alleged that the US Securities and Exchange Commission initiated an investigation for Elon Musk, the founder of the electric car manufacturer Tesla. Thereupon, a brief statement came from the famous billionaire. So, did the SEC start an investigation against Elon Musk? Here are the details .. Responding to a tweet with the information that the SEC has initiated an investigation, Musk said, “I hope it is correct. This would be great.” For Musk, who used the words "I do not respect the SEC" in 2018, it is known by everyone that getting into such arguments is seen as a game. The SEC's failure to view the phenomenon cryptocurrency Dogecoin as a security makes it very unlikely that a "market manipulation" investigation into DOGE will begin. On the other hand, it is known that the SEC also monitors Musk's posts on his Twitter account regarding other securities issues.   Dogecoin Made a Leap with Musk's Posts It will not be difficult for the SEC to obtain data for Elon Musk, who has recently advertised Dogecoin openly. Originally created as a joke money, Dogecoin had a significant price increase with Musk's posts on Twitter. Musk used the words "I bought DOGE" for his 9-month-old son. After this act of the famous billionaire who tweeted about Dogecoin and shared images yesterday, the token price rose again. Even though the SEC's claims to initiate a review are true, there is no clear information yet on the timeframe. There are also those who say that this claim is also a false rumor and even is put forward to manipulate the market. According to the reports in the US media, they state that Musk wanted such an investigation to be started even just to confront the SEC, and even if the allegations are not true, they may be disappointed.       Source: Uzmancoin.com