Elon Musk, Dogecoin ( DOGE) demanded that the $258 billion “Dogecoin fraud” lawsuit filed against him by his investors be dropped.
Teslaand owns tech companies like Twitter Elon Musk was one of the most popular crypto investors of his time. Musk came to the fore especially by introducing Dogecoin in every environment he was in. However, lately Musk broke away from cryptocurrencies. The lawsuits filed against him are cited as the reason for this.
dogecoininvestors, Elon Musk, To promote Dogecointhat the pyramid scheme works filed a $258 billion lawsuit . Musk and his lawyers to drop this case He sent a request to the US judge.
Elon Musk Requests Dogecoin Case Dropped
Elon Musk and his lawyers, from a US judge, $258 billionDogecoin ( DOGE) of the case demanded that it be dropped.
Muskopened about himself “Marketing Dogecoin with a pyramid scheme” He applied to a US judge to have his case dismissed. crypto investors, DOGEto Musk, citing that they have damaged He filed a $258 billion lawsuit.In the case, using Musk’s pyramid scheme DOGEmarketing fraud includes allegations.
Musk’s lawyers, DOGEthis lawsuit filed by its investors, “a fictional fiction”described as. lawyersTo support the fraud claim of Musk’s sentences, which are the subject of the lawsuit, argued that it was insufficient . Musk’s lawyers stated that there is nothing illegal to tweet about DOGE, which has a market value of close to 10 billion dollars.
Moreover lawyers, put forward by crypto investors who filed the lawsuit “DOGE is a security.” He also denied the allegations. Dogecoin investors, Musk in two years DOGE increasing by more than 36,000 percent and then lowering blamed. In the accusations committed in the case, investors, They argued that Musk made billions of dollars with these DOGE shares and marketing techniques.
Musk’s lawyers dogecoinIn order to drop this lawsuit brought by the investors and the accusations that came with it, started a legal battle . Dogecoin victims also He also sued the Dogecoin Foundation . The Dogecoin Foundation demanded its rejection.
