Elon Musk and his younger brother are being explored by the Securities and Exchange Commission about whether the kin disregarded insider trading laws, the news gave an account of Thursday.

The probe purportedly focuses on Kimbal Musk’s deal in November of 88,500 Tesla shares – worth $108 million at that point – which supposedly happened one day before Elon Musk posted a Twitter survey inquiring as to whether he should sell 10% of his stake in Tesla.

Tesla shares dove after Elon Musk posted the survey – and the Tesla CEO consequently sold a few billion dollars worth of stock.

In the months since Musk’s underlying tweet on Nov. 8, Tesla shares have tanked 33%.

If Kimbal Musk – a restaurateur known for wearing goofy cowboy hats – had hypothetically known that his more established sibling was thinking about making the post or selling the offers, the kin might have possibly abused insider exchanging regulations, which restriction organization insiders from exchanging in light of data that is not accessible to the general public.

The SEC and Tesla didn’t quickly answer to demands for input on the media’s report.

Fresh insight about the examination follows long stretches of antagonism between Elon Musk and the SEC.

Last week, legal counselors for the Tesla and SpaceX head honcho blamed the federal authorities for “denouncing any kind of authority” and stiffing Tesla financial backers out of $40 million under a 2018 ceasefire that settled a fold over his controversial tweet regarding taking Tesla private.

The SEC sued Musk after he tweeted in 2018 about having “funding secured” to take Tesla private at $420 an offer.

Musk’s attorneys additionally blamed the SEC last week for pestering the head honcho with “serial investigations.”

In early February this month, Tesla revealed in its annual 10-K filing that the SEC — headed by hard-charging Chair Gary Gensler — had served it with a fresh subpoena in mid-November, just days after Musk’s tweet about potentially selling 10% of his Tesla stake.