system
It’s time to get nervous if you’re the CEO of an eUnicorn company:
"WASHINGTON, July 29 (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Thursday said it has charged Trevor Milton, the founder and chief executive officer of Nikola Corp NKLA.O for “repeatedly disseminating false and misleading information.”
The SEC alleged Milton, who founded Nikola in 2015, used his social media platform to repeatedly mislead investors about the electric vehicle maker’s technology and capabilities, reaping “tens of millions of dollars” as a result of his misconduct."
https://www.nasdaq.com/articles/u.s.-sec-charges-nikola-corp-ceo-for-spreading-false-and-misleading-information-2021-07-29