(Reuters) – The U.S. Securities and Trade Fee (SEC) this week reopened an investigation into Elon Musk’s mind chip startup Neuralink, based on a letter Musk shared on the social media platform on Thursday x.
The Dec. 12 letter from Musk’s legal professional Alex Spiro to outgoing SEC Chairman Gary Gensler additionally acknowledged that the fee had issued a settlement demand and that Musk was given 48 hours to simply accept a financial fee or dealing with expenses on a number of counts.
Spiro wrote within the letter that he and Musk wouldn’t be intimidated by the SEC and that they reserved their authorized rights.
The SEC and Neuralink didn’t instantly reply to Reuters’ requests for remark outdoors of regular enterprise hours.
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