(Reuters) – The U.S. Securities and Trade Fee (SEC) this week has reopened an investigation into Elon Musk’s brain-chip startup Neuralink, in accordance with a letter shared by Musk on Thursday on social media platform X.
The Dec. 12 letter from Musk’s lawyer Alex Spiro and addressed to outgoing SEC Chair Gary Gensler additionally famous that the fee had issued a settlement demand and that Musk had been given 48 hours to simply accept a a financial fee or face prices 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 didn’t reply to Reuters requests for remark exterior common enterprise hours.
