Musk's lawyer filed a motion to dismiss the Dogecoin insider trading lawsuit.
2023-08-09 00:29
Odaily News: Elon Musk's lawyer has filed a motion to dismiss the insider trading lawsuit brought against him by Dogecoin investors. The lawyer argues that posting supportive texts or amusing images about cryptocurrencies on Twitter is not illegal. Furthermore, the lawsuit itself has no grounds as the allegations are based on wallets selling Dogecoin, which have no actual connection to Musk or Tesla.
The lawsuit was initially filed in June 2022, accusing Musk of market manipulation and insider trading of Dogecoin, seeking $25.8 billion in damages. (Decrypt)
The lawsuit was initially filed in June 2022, accusing Musk of market manipulation and insider trading of Dogecoin, seeking $25.8 billion in damages. (Decrypt)
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