Fox reporter: The SEC sues Musk with the intention of putting the agency at odds with the White House

ChainCatcher message, regarding the SEC's lawsuit against Musk for alleged securities violations, Fox Business reporter Charles Gasparino stated that sources close to the SEC revealed this is a middle finger raised by the Democratic majority, not only against Musk but also against Trump and his SEC chairman nominee, Paul Atkins, openly attempting to create a divide between the enforcement agency and the White House over a relatively minor violation. For Musk, this violation could be resolved with a small check, and he neither confirms nor denies reaching a settlement. But the underlying intent is that Gensler is trying to undermine Trump.

Gasparino stated that the SEC had known almost everything about Musk's acquisition of Twitter two years ago; why wait to make it public before Trump's inauguration? Now the case has devolved into a political topic. (Jin Shi)