The U.S. Securities and Exchange Commission (SEC) has issued a subpoena to Elon Musk regarding his Twitter purchase for $44 billion. Musk and the SEC have been involved in a legal battle for years, with the SEC suing him to testify in their probe into his purchase of Twitter. Lawyers have stated that the SEC has the authority to collect information through subpoena enforcement. The article also mentions the impact of loosely regulated cryptocurrency on the mainstream adoption of blockchain. The content includes a disclaimer that it is for informational purposes only and should not be considered trading or investment advice.
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