Investing
Elon Musk requests dismissal of $258B Dogecoin lawsuit: Report
© Reuters
Elon Musk and his lawyers reportedly requested a United States judge dismiss a $258 billion lawsuit filed by investors who alleged he operated a pyramid scheme to promote the cryptocurrency (DOGE).
According to an April 1 Reuters report, Elon Musk’s lawyers stated that the lawsuit against Musk — filed by Dogecoin investors in June 2022 — was a “fanciful work of fiction” in Manhattan’s federal court on March 31.
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