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It seems that Mr. Mask is going to pay $1.5 million as part of a settlement with the SEC.
It's about failing to disclose a holding ratio exceeding 5% during the Twitter stock acquisition in 2022.
Various reports are coming out quickly, but he reportedly does not admit to the allegations.
News related to Twitter is always tumultuous.
When regulatory issues like this come up, the market reacts sensitively.
Since Mr. Mask's movements can also influence the crypto market, many Bitcoin investors are likely paying close attention.
$1.5 million may seem like a large amount on the surface, but relative to his asset size, it's probably insignificant.
That said, the settlement with the SEC is probably a milestone.