Elon Musk ultimately paid $1.5 million to settle with the SEC, stemming from failing to disclose the purchase of Twitter stock in a timely manner in 2022. The money was paid quite straightforwardly, but the stubbornness of “refusing to admit fault” still shows on his face.

This move feels very familiar; $1.5 million is just a parking ticket level for the richest person, mainly a way to spend money to avoid trouble. The SEC’s move to revisit old cases again proves that while the regulatory axe may be late, it usually doesn’t miss.
Having seen a lot of on-chain scams and exchange disputes, the logic behind this traditional market cat-and-mouse game is actually the same: rules are a transaction cost for the big players, but for small project teams, they could be a disaster.
As long as the cash flow is strong enough, compliance is just a formality; the lesson from history is that it’s as plain as day.
This old trick of “pay a fine for peace of mind,” do you think the SEC gained face, or did Musk win big again? #比特币ETF期权持仓限额增4倍