It looks like the SEC has completed its work (Took their sweet time) There was insider trading before the announcement of TMTG as the target.
The people involved have been gone from DWAC for over a year. I think they have been arrested but I am not sure.
The SEC will charge a civil fine of 18million to end this. It is only a civil fine. But it is still 18 million.
The SEC full commission has to sign off on this. Most likely that will happen.
It looks like the SEC has completed its work (Took their sweet time) There was insider trading before the announcement of TMTG as the target. The people involved have been gone from DWAC for over a year. I think they have been arrested but I am not sure.
The SEC will charge a civil fine of 18million to end this. It is only a civil fine. But it is still 18 million.
The SEC full commission has to sign off on this. Most likely that will happen.