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Elon Musk’s SEC Probe Calls for Public Whistleblowers, Launches New Tool


Elon Musk’s SEC Probe Calls for Public Whistleblowers, Launches New Tool

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  • Musk’s DOGE SEC initiative aims to expose SEC fraud and abuse.
  • DOGE SEC asks for public help uncovering SEC misconduct and waste.
  • SEC and Binance request a 60-day pause in ongoing legal cases.

Elon Musk has set his sights on the Securities and Exchange Commission (SEC) with a new initiative aimed at investigating fraud and abuse within the agency. Announced through a newly created “DOGE SEC” account, Musk’s Department of Government Efficiency is calling on the public to report any wrongdoing within the SEC.

For those unaware, the White House’s Department of Government Efficiency, or DOGE, was set up by President Donald Trump on January 20. Its goal is to reduce federal spending, with billionaire Musk overseeing the task force. “We are moving fast, so we will make mistakes, but we will fix the mistakes very quickly,” Musk had said previously.

Musk SEC Fraud Inquiry Targets Agency Abuses

The verified DOGE SEC account, which is affiliated with Musk’s operation, went live on Monday to gather information on SEC “waste, fraud, and abuse.” 

Its post on the X platform read, “DOGE is seeking help from the public! Please DM this account with …

The post Elon Musk’s SEC Probe Calls for Public Whistleblowers, Launches New Tool appeared first on Coin Edition.

Read the article at CoinEdition

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