💰 Shall the free days of crypto come to an end, and will Elon Musk face repercussions for all his tweets?
Elon Musk is many things: a leader of the billionaire club, a founding father of Tesla and SpaceX, as well as a range of other companies, and pretty much a father figure to many crypto enthusiasts. Naturally, such a range of hypostases entitles him to have an influence obviously bigger than any other figure in the industry.
A couple of months ago, the US SEC commission fined Musk for manipulating the price of Tesla shares by his post on Twitter. Following the accusations based on a message in social media, one gets a firm understanding that crypto markets are becoming more and more regulated, which, in turn, makes grounds for a feeling of cautiousness.
🧐 Should Elon Musk indeed be acted against in the given circumstances? Does this mean the freedom associated with crypto will eventually be over? If you’d like to get our insight on this, read our freshest article, “Will Elon Musk be prosecuted for manipulating crypto?”