News with the tag "dogecoin lawsuit"

A lawsuit alleging that Elon Musk manipulated the price of Dogecoin is drawing to a close, as investors have decided to withdraw their appeal against a dismissal issued on August 29. This case centered on accusations that Musk, one of the world’s richest individuals, and his electric vehicle company...

Elon Musk Dogecoin lawsuit has taken a significant turn as a U.S. federal court dismissed a massive $258 billion lawsuit against Musk and his electric car company, Tesla. The lawsuit, which accused the billionaire and his company of defrauding investors through the promotion of the popular memecoin ...

The Elon Musk Dogecoin lawsuit claimed his public statements and actions caused Dogecoin’s value to spike, leading to insider trading and market manipulation.

A US District Court Judge dismissed the lawsuit, saying that “no reasonable investor” could rely on Musk’s Dogecoin tweets for investment decisions.

In a continued legal battle over a class action lawsuit alleging Dogecoin insider trading, attorney Alex Shapiro, representing Tesla CEO Elon Musk, has once again requested the dismissal of the case. This motion marks the second attempt by Musk’s legal team to put an end to the ongoing litigation, a...

According to a recent letter viewed by the press, Elon Musk denies being a dogecoin (DOGE) whale in the lawsuit that accuses the Tesla executive of engaging in pump-and-dump activities with the meme coin token, which allegedly harmed retail investors. Musk’s attorney, Alex Spiro, stated in a written...