I don't know. Elon might or might not face the consequences.
this post was submitted on 15 Jan 2025
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Bwhahahaha
Consequences
Best laugh I've had all week
The SEC is an independent commission so Trump only has the power to pick one of the 5 for now.
Are they going to ruin his life? No? Then I don't give a shit.
Hey cool, one more excuse to see a rich person get away with everything
Let's fucking go lads!
US government vs. Billionaire
The latter wins every time
When he reaches the land of the dead only give him a walking stick with a compass in the handle. A broken compass.
Lol...no...dude...This will disappear in a few days. He's not sucking all that Trump stubby for nothing.
Oh. This one still has hope.
Knowing the sec, Elon will pay a small amount and not admit fault.
If there's still an SEC in a few days. It might not fit his budget
There will. It's there to pretend to enforce, and give plausible deniability. Also a slap on the wrist, and tiny fines.
They’ll keep it around for political prosecutions.
100M is what I saw floating around.
Aka peanuts for him.
The equivalent of someone who makes minimum wage paying a $3 fine.
Except he won’t pay it, he’ll just borrow against his net worth.
Didn't the deal close in 2022?
Yes, and this lawsuit follows a whole series of other actions by the SEC. It may seem like a long time, but due process was followed.
My own post:
Next time you want to bitch about everything Trump taking legal years:
My case is about 5 years old now, I have been going through the legal process the whole time I've been working on this. I have finally been found guilty and sentenced, and I'm going away next month.
It took me a second to figure out what you were referring to, but yeah, that’s a case in point.