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Elon Musk, the richest man in the world and known best friend of President-elect Donald Trump, is facing heat from the SEC over accusations tied to his chaotic Twitter takeover.

The lawsuit, filed in a Washington, D.C. federal court, claims Elon missed a key disclosure deadline when buying a stake in Twitter in 2022. According to the SEC, this delay cost Twitter shareholders over $150 million, as they unknowingly sold shares before prices surged.

Elon’s legal team isn’t backing down, dismissing the case as baseless and politically motivated. But the timing of the lawsuit—right as Trump prepares to take office—has left everyone asking the same question: Will Trump’s loyalty to Elon affect how this plays out?

Elon vs. the SEC: Another round

This isn’t Elon’s first run-in with the SEC. The regulator went after him in 2018 when he tweeted about taking Tesla private, claiming he had “funding secured.”

That tweet sent Tesla shares skyrocketing and Elon got sued for securities fraud. He settled the case by coughing up $20 million and stepping down as Tesla’s chairman. It was messy, but Elon survived.

Fast forward to Twitter. In 2022, Elon bought a massive chunk of Twitter stock—9% of the company—before launching his infamous takeover bid. The SEC says Elon didn’t file the required disclosure form when he hit the 5% ownership mark, a move that would’ve tipped off the market about his plans. 

Instead, he waited 11 extra days, allegedly stockpiling shares at a discount. When Elon finally disclosed his stake, Twitter’s stock price jumped 27%, leaving earlier sellers out in the cold.

SEC rules are clear: once you hit 5%, you’ve got 10 days to file. Elon didn’t, and the agency says it wasn’t an accident. They’re accusing him of gaining an unfair advantage by staying quiet.

But the SEC stopped short of calling it insider trading, which some experts found surprising. Elon, naturally, sees it differently. His attorney, Alex Spiro, called the lawsuit a joke, saying Elon “has done nothing wrong and everyone sees this sham for what it is.” The SEC, however, claims Elon owes more than $200 million to make up for the disaster.

Trump’s SEC: New Sheriff, new rules?

Trump has tapped Paul Atkins, a vocal critic of strict regulations, to lead the SEC. If Atkins gets confirmed, Elon could have a more sympathetic regulator overseeing his case. But that doesn’t mean Trump can wave a magic wand and make the lawsuit disappear.

John Coffee, a law professor at Columbia, says any decision to drop the case would have to come from the SEC commissioners, not Trump directly. “There will be a political interpretation that the Trump administration is protecting Trump’s good buddy,” he said.

Even if the agency wants to kill the case, it won’t happen overnight. Senate confirmation hearings for Atkins haven’t even been scheduled yet, meaning the current SEC leadership remains in charge for now.

The political implications are huge. If the SEC drops the case, critics will accuse Trump of shielding Elon. But if it moves forward, it risks souring Trump’s relationship with one of his most prominent allies. It’s a tightrope act, and no one knows how it will end.

A case that won’t go away

The SEC’s lawsuit is unusual for another reason: how long it’s taken to get this far. It’s pretty cut-and-dried. It should have been resolved in a year. Instead, the case has dragged on, partly because of Elon himself.

In September, Elon blew off an SEC deposition to attend a SpaceX rocket launch, leaving the agency’s lawyers stranded in Los Angeles. Elon offered to reimburse their travel expenses—a move the SEC found laughable. His stalling has only added to the tension, making an already contentious case even messier.

Still, the SEC seems determined to hold Elon accountable. The agency alleges that Elon’s actions weren’t just a paperwork oversight but a calculated move to save money. They say the late filing allowed him to scoop up Twitter shares at a discount, reaping massive gains once the stock price jumped.

While the SEC has fined other companies for similar violations—Alphabet Inc., for example, paid $750,000 last year—the $200 million figure attached to Elon’s case is unprecedented.

Some experts say the SEC is sending a message by going after Elon so aggressively. David Slovick, a former SEC attorney, thinks the agency wants to make an example of him.

“If this were any other president and any other defendant, this case would move forward without question. But because it’s Trump and Elon, all bets are off.”

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The price of XRP hit a new all-time high today, rocketing past the key $3.30 mark. After almost seven years, what seemed like an impossible burden has now been broken, and XRP is currently in what some might call price discovery mode.

Interestingly, the price of XRP has not soared in line with the rest of the crypto market but in contrast to it. In the last few hours, the popular alternative cryptocurrency has seen its prices literally tear apart its main rivals in the face of Bitcoin (BTC) and Ethereum (ETH), with a stunning 16% rise from today's lows against both leading cryptocurrencies.

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As a result, the price of XRP reached a valuation of 0.000033 BTC and 0.00099 ETH. This is still far from the all-time highs against both Bitcoin and Ethereum, with up to 657% and 269% room for growth, respectively.

What does this mean for traders and investors?

XRP's breakout is definitely something to keep an eye on, even if you do not like the token. While the cryptocurrency's rise is impressive, how it continues and whether it can hold these gains will be closely watched. Beyond the numbers, this breakout points to bigger changes, both in the XRP ecosystem and the wider crypto world.

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Where will all this liquidity go after a turnover in XRP? Into beta plays like HBAR or XLM? Or perhaps the rest of the altcoin spectrum can enjoy some of the new money flows?

Consider too that XRP's dominance on the crypto market is now estimated at 5.5%, and that figure was down 77% in October alone. Thus, we will definitely see some sort of reallocation, but when and where remains an open question.

Amid the growing bullish sentiments, AI-based predictions are spotlighting three cryptocurrencies—Dogecoin (DOGE), Pepe Coin (PEPE), and Yeti Ouro (YETIO)—as strong contenders for growth in 2025. Despite the fact that each of the coins targets a specific group of investors, experts are more focused on specific trends and technical patterns of each of them.

Dogecoin Price Outlook: Strength In Historical Patterns

Dogecoin has been oscillating around the $0.35 mark. DOGE price recently went past the $0.342 resistance level, indicating that bulls are back in the game. As per the crypto experts on X (previously Twitter), the current price action resembles the same as seen during the 2021 U.S. presidential inauguration. The history shows that Dogecoin price increased by 1,100% in 2021 due to market adoption and positive political factors.

Based on technical analysis, Dogecoin is projected to continue its upward trend. The DOGE price is currently above the 100-hour moving average on the hourly chart. There is immediate resistance at $0.365 from the Fibonacci retracement levels, and the long-term target is bullish at $0.40. The Relative Strength Index (RSI) remains at a high level above 50 for DOGE, which indicates the growth potential. Experts predict that DOGE’s price may surge to new heights as the US presidential inauguration and other political events fuel the interest of the community.

Source X Pepe Coin Consolidation Hints At Potential Breakout

Pepe Coin, which was created based on the famous meme of “Pepe the Frog,” is still attracting attention in the cryptocurrency market. The coin has been trading at $0.000017 after it had fallen to as low as $0.000015 during the same week. According to crypto data, there has been a rise in whale activity, with large investors buying large amounts of tokens. For instance, a whale bought 801 billion PEPE tokens for $13.53 million from Binance.

PEPE price action appears to be ranging between $0.000015 and $0.000019, which looks like forming a double bottom. If the price breaks above $0.000020, it is expected to propel the price towards $0.000028. If the current support level gives way, then the price could retest $0.000012.

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The coin’s trading volume is still high and has risen by 60% within the last 24 hours, which is an indication of high demand. Binance Japan’s recent listing of PEPE is also expected to increase its usage and prominence, especially in Asian countries.

Yeti Ouro (YETIO) Utility-Driven Crypto Gaining Traction

Yeti Ouro, which is a utility-focused cryptocurrency in its presale stage, has been a topic of interest among investors. The project is a combination of gaming and P2E services with the game YetiGo as its centerpiece, a game built on Unreal Engine 5. YetiGo guarantees high-quality graphics, sound, and even a multiplayer mode, thus demonstrating the project’s uniqueness in the sphere of gaming.

As of now, in the second presale stage, you can buy Yeti Ouro for $0.017 per YETIO token and receive unique perks for early adoption. The sale of tokens has amounted to 26,068,100 tokens sold with 26.1% of the stage achieved, demonstrating investors’ trust. Funds raised will go towards Yeti Ouro’s strategic plan, such as staking, farming, and beta testing of the YetiGo application.

The active cooperation with the number one game developers and a thriving community is a testament to the project’s commitment to quality and longevity. The project partnerships with the leading game developers and an active user community reflect the project’s focus on quality and sustainability. As the project has a solid foundation and focuses on the gaming utility, Yeti Ouro is ready to become one of the key players in the 2025 cryptocurrency and gaming industry and attract gamers, as well as investors who are looking for a long-term return on investment.

Join The Yeti Ouro Community 

Website: https://yetiouro.io/

X (Formally Twitter): https://x.com/yetiouro

Telegram: https://t.me/yetiouroofficial

Discord: https://discord.gg/YtUsEZ2Zr

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