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SEC Investigations Intensify
The SEC has reopened an investigation into 's Neuralink, focusing on potential securities fraud related to the safety of its brain implants, alongside scrutiny over Musk's $44 billion Twitter acquisition.
Musk's lawyer, , accused the SEC of intimidation, revealing a 48-hour deadline for Musk to settle or face charges, amid allegations of misleading investors and violating securities laws.
Musk's Legal and Political Maneuvers
Musk criticized the SEC as a politicized institution and highlighted his relationship with , which could influence regulatory agencies' funding and staffing.
Despite legal challenges, including a failed attempt to sanction Musk for not appearing for testimony, the SEC's actions against Musk continue, with a federal judge recently rejecting a sanction bid.