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home / articles / TECH - Elon Musk Warns Of 'Civil & Criminal' Consequences For Fraud As Texas AG Opens Investigation Into Media Matters | Benzinga


TECH - Elon Musk Warns Of 'Civil & Criminal' Consequences For Fraud As Texas AG Opens Investigation Into Media Matters | Benzinga

On the same day, Elon Musk’s X (formerly Twitter) filed a lawsuit against Media Matters, accusing the media watchdog group of defaming the platform, Texas Attorney General Ken Paxton has opened an investigation into the organization over “potential fraudulent activity.” 

What Happened: On Monday, Musk took to X and shared the release by Paxton’s office, saying, “Fraud has both civil & criminal penalties.” 

As per the release, the Texas attorney general was “extremely troubled” by the allegations Media Matters, an “anti-free speech organization,” manipulated data on X.com fraudulently. 

See Also: Advertisers Privately Urging X CEO Linda Yaccarino To Resign Amid Elon Musk’s Endorsement Of Anti-Semitic Post: Report

“Under the Texas Business Organizations Code and the Deceptive Trade Practices Act, the OAG will vigorously enforce against nonprofits who commit fraudulent acts in or affecting the state of Texas,” the release stated. 


Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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