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    Enlon pays $1.5M fine after allegedly saving $150M by “forgetting” to disclose Twitter stake. SEC accepts 1% commission.


    Enlon pays $1.5M fine after allegedly saving $150M by “forgetting” to disclose Twitter stake. SEC accepts 1% commission.

    https://www.theguardian.com/technology/2026/may/04/elon-musk-sec-twitter-x-lawsuit-fine

    Posted by el_cul

    25 Comments

    3. allllusernamestaken on

      if fine for breaking the law is less than you earned from the illegal activity, there’s no incentive to follow the law

    5. -ram_the_manparts- on

      Makes sense. When I robbed that jewelry store for 150 diamonds my sentence was to return one diamond.

    7. WS-6 on

      150m is such a drop in the bucket. He’s already forgotten about this fraud and on to the next trillion.

      Position: $32k in Tesla.

    10. PoliticalNerdMa on

      If you make 150 million , and you only pay a fine of 1.5 million , that’s just an expense.

    11. meatsmoothie82 on

      Just a reminder that fines are not punishment they are just how much it costs to do a thing.

    12. Cultural_Meeting_240 on

      The SEC really said crime is fine just tip us on the way out

    15. silsum on

      What the fuk will 1.5M do how corrupt is this country judicial system now?

    22. FilthyFioraMain on

      If the penalty for a crime is a fine, then that law only exists for the lower class

    23. civil_politician on

      Seems like the precedent is that if I steal $100 the “consequence” should be a $1 fine

    24. EmitLux on

      Would you speed to get a $120 fine if it meant you got $12,000?

      Would you pay a $2,000 fine to park a billboard in Times Square for $200,000 in sales?

      I say find some loopholes and have a time!

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