Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
An interesting story is unfolding in a San Francisco court. Elon Musk testified, defending himself against allegations of market manipulation related to his high-profile Twitter purchase. The deal amount was $44 billion; it was simply a huge step.
It turns out that one tweet became the center of the entire scandal. In May 2022, Musk wrote that the deal was temporarily suspended due to a spam account review. After this tweet, Twitter's stock dropped by a full 9 percent. Investors lost money and are now demanding compensation.
Musk admitted in court that his tweet was, to put it mildly, not the best decision. But he insists that he did not intentionally try to influence the stock price. The core of the dispute is that investors claim Musk used the tweet as leverage to get better terms, even though he was legally obligated to complete the purchase.
Looking at the timeline, in April 2022, Musk signed a binding agreement, refusing to conduct proper due diligence. But then he started to worry about bots on the platform. And the result is a court case showing how one tweet can be very costly—even for someone like Elon Musk.