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Comment by bhouston | Hacker News Reader

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They only declare their sales after the fact. There is a chance that Tesla owns no bitcoin at this time. Probably they still do, but...

Then won't they get in trouble? The most recent statement directly says they have not sold any, just stopping accepting payments in it.

That would be an explicit lie then, something the SEC has jurisdiction over? (I'm not actually sure)

SEC doesn't regulate Bitcoin.

SEC does regulate stocks of companies like Tesla whose dealings in Bitcoin could affect said stock price.

That has never stopped Elon before! "funding secured"

I think the statement says they will not be selling any in the future.

Is the SEC regulating bitcoin now? No. so they couldn't do a thing. Bitcoin isn't a security.

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