Elon Musk, Tesla Win Dismissal of Lawsuit Alleging Dogecoin Market Manipulation
13 Articles
13 Articles
Elon Musk and Tesla Win Legal Battle Over Alleged Dogecoin Market Manipulation - Crypto Economy
TL;DR Elon Musk and Tesla won the class action lawsuit related to Dogecoin. The judge dismissed charges of market manipulation and fraud. Musk’s statements were deemed “aspirational and exaggerated,” not misleading. Elon Musk and his company Tesla have managed to avoid a class-action lawsuit accusing them of manipulating the Dogecoin market through public statements and Twitter posts. The case, filed in 2022 by a group of investors, alleged …
Elon Musk, the controversial CEO of Tesla and SpaceX, has been acquitted of a class action lawsuit accusing him of manipulating the Dogecoin market. This case, which has caught the attention of the crypto community and beyond, marks a turning point for the future of Dogecoin and for public figures involved in the cryptocurrency world. The trial: [...] The article Elon Musk acquitted in a class action lawsuit against Dogecoin appeared first on Cr…
In 2022, a group of investors accused Elon Musk and his company of manipulating the price of Dogecoin via their Twitter accounts. They believed Musk's tweets affected the value of cryptocurrency and led to significant market changes. But the lawsuit against Musk and Tesla was recently dismissed, acquitting them of these charges. Elon Musk and Tesla win lawsuit over Dogecoin manipulation A judge in Manhattan has permanently dismissed a lawsuit ac…
Court Dismisses $258B Lawsuit Alleging Elon Musk and Tesla Manipulated Dogecoin
A U.S. court has dismissed a lawsuit accusing Elon Musk and Tesla of engaging in market manipulation and insider trading targeting the Dogecoin (DOGE) cryptocurrency.On Aug. 29, the United States District Court for the Southern District of New York dismissed a class action lawsuit filed in 2022 that argued Musk's past tweets on the subject of Dogecoin misled investors and resulted in substantial financial losses.The plaintiffs, represented by Co…
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