Court Dismisses $258 Billion Dogecoin Manipulation Lawsuit Against Elon Musk

Court Dismisses $258 Billion Dogecoin Manipulation Lawsuit Against Elon Musk

A United States court has dismissed a $258 billion class action lawsuit alleging that Elon Musk and his companies, SpaceX and Tesla, orchestrated a "crypto pyramid scheme" involving Dogecoin. Nearly two years after the case was filed, Judge Alvin Hellerstein of the US District Court for the Southern District of New York ruled to drop the lawsuit seeking substantial damages. The plaintiffs claimed that Musk exploited his position as the world’...

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