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SEC seeks sanctions against Elon Musk over Twitter investigation

  • The United States Securities and Exchange Commission (SEC) is seeking sanctions against Elon Musk over Twitter investigation.
  • The SEC is seeking monetary and legal sanctions to force Musk to appear for a scheduled testimony regarding the $44 billion purchase of the Twitter platform.
  • The SEC alleges that Musk failed to appear and provide testimony to the financial regulator.
  • The SEC also seeks monetary relief to recoup travel costs lost by Musk's cancellation of the meetings.

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