最新报道：Elon Musk has filed a motion to dismiss the U.S. Securities and Exchange Commission (SEC) civil lawsuit, alleging he waited too long before disclosing his substantial purchase of Twitter stock. In documents recently filed with a federal court judge, Musk's representatives asked the judge to dismiss the lawsuit, calling it excessive and accusing the agency of deliberately targeting the billionaire. In a lawsuit filed on January 14th, six days after Donald Trump was elected president, the SEC alleged that Musk violated federal securities laws by failing to publicly disclose his intent to purchase 5% of Twitter's common stock within 10 days. If granted, the lawsuit would force Musk to pay a civil penalty and forfeit profits derived from the violations. The rule requires investors to disclose within 10 calendar days if they exceed a 5% ownership threshold, which in Musk's case was March 24, 2022. However, Musk took 11 days to disclose the acquisition. Citing Thursday's filing, Reuters reports that Musk's lawyers claim the billionaire stopped purchasing additional shares of Twitter, then publicly traded, and filed his disclosure one business day after his wealth manager consulted with securities disclosure lawyers about potential filing requirements. However, the SEC alleges that Musk purchased more than $500 million in Twitter shares at a low price before finally disclosing his purchase on April 4, 2022, when he owned a 9.2% stake. According to the filing, Musk's lawyers claim the SEC's lawsuit "reveals an agency targeting an individual for his protected criticism of government excesses." They claim that because the alleged error was "fully corrected" after discovery, there is no ongoing violation. Meanwhile, the SEC has not yet responded to a request for comment. Earlier this month, xAI, an Ethereum (ETH)-based gaming network owned by Ex Populus, also filed a trademark infringement lawsuit against Elon Musk due to the similarity in the name of Musk's artificial intelligence company, xAI. Days after the SEC filed a lawsuit against Elon Musk regarding his stake in Twitter, the billionaire announced that he would revamp Twitter, rebranded as X in October 2022, into a self-proclaimed "super app" and add in-app investing and trading features. As previously reported by crypto.news, X CEO Linda Yaccarino stated that the team behind the social media platform is preparing to launch financial services through an app. This will allow users to not only pay for everyday needs but also invest and trade assets. Yaccarino said, "An entire commerce ecosystem and a financial ecosystem will emerge on this platform that don't exist today." Musk has previously stated his desire to launch a peer-to-peer digital wallet service called X Money. This integration is expected to be in partnership with payments giant Visa. Other possible integrations for the rumored "super app" include Polymarket and Vine.