The judge has dismissed the lawsuit against Musk for alleged Dogecoin manipulation, while DOGE shows a modest rise amid mixed signals.
For context, investors alleged that the world’s richest person exploited Twitter posts, a 2021 NBC “Saturday Night Live” appearance, and other high-profile stunts to manipulate DOGE’s market.“The documents the judge submitted today dismissing Elon Musk’s insider trading case related to Dogecoin, which originally sought $258 billion in damages, are absolutely hilarious.
Hellerstein argued that Musk’s assertions about Dogecoin being the future currency of Earth and its potential use for purchasing Teslas or being sent to the moon were,Given Musk’s influence and his win, many were curious about its potential effects on Dogecoin.
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