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  1. LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1)'s status on Friday, 25-Nov-2022 15:20:48 UTC LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}
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    • GeniusMusing
    https://www.youtube.com/watch?v=QxCRRcWSt4I

    Elon bought himself a bunch of lawsuits.

    /via @geniusmusing

    #Twitter #Musk #lawsuit #bankruptcy #sec #ftc
    Friday, 25-Nov-2022 15:20:48 UTC from nu.federati.net permalink

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    • LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1)'s status on Friday, 25-Nov-2022 15:31:55 UTC LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}
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      in reply to
      Unanswered: will his lenders go after him for fraud if he files BK? By him making #Twitter fail so badly so quickly, I think they should be able to prove it in civil court.

      Also, I wonder whether they made him put up Tesla and / or SpaceX ownership as collateral. If they only relied on Twitter assets, they'll be lucky to get 50% (and I'd guess 20% is more likely, as most of the company's value was as "a going concern").
      Friday, 25-Nov-2022 15:31:55 UTC permalink
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Arkwood Pond Social is a social network, courtesy of McCullaugh.com Network. It runs on GNU social, version 1.2.0-beta4, available under the GNU Affero General Public License.

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