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"uri": "at://did:plc:uwmv7kffi2nph4bfwrrqpf7t/app.bsky.feed.post/3ml3j2su3s462"
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"description": "On May 4, 2026, the SEC updated their lawsuit to include Elon Musk's Revocable Trust as a defendant related to Twitter, Inc. stock transactions. The trust allegedly did not report owning over five percent of Twitter's shares in time, breaking SEC rules.\n\nThe SEC also proposed a settlement that the trust agreed to, pending court approval. This agreement would prevent further legal breaches and impose a $1.5 million penalty on the trust.\n\nThe consent decree outlines that if the court accepts the s",
"path": "/link-elon-musk-will-settle-the-feds-twitter-lawsuit-with-pocket-change/",
"publishedAt": "2026-05-05T05:59:51.000Z",
"site": "https://www.everydays.wtf",
"tags": [
"a link",
"here"
],
"textContent": "On May 4, 2026, the SEC updated their lawsuit to include Elon Musk's Revocable Trust as a defendant related to Twitter, Inc. stock transactions. **The trust allegedly did not report owning over five percent of Twitter's shares in time, breaking SEC rules.**\n\nThe SEC also proposed a settlement that the trust agreed to, pending court approval. **This agreement would prevent further legal breaches and impose a $1.5 million penalty on the trust.**\n\nThe consent decree outlines that if the court accepts the settlement, the complaint against Elon Musk individually will be dropped. **Accepting this settlement would close the case completely.**\n\n#\n\n--\n\nYoooo, this is a quick note on a link that made me go, WTF? Find all past links here.",
"title": "Link: Elon Musk will settle the feds’ Twitter lawsuit with pocket change",
"updatedAt": "2026-05-05T05:59:52.172Z"
}