Judge Orders Elon Musk to Stand Trial in Controversial DOGE Lawsuit
A U.S. District Court in New York has ruled that Elon Musk must respond to a lawsuit accusing him of illegally influencing the price of Dogecoin, a popular cryptocurrency. The decision allows the case to move forward, addressing allegations made by investors who claim Musk’s statements and actions led to substantial financial losses. The lawsuit centers on Musk’s involvement with Dogecoin, particularly his tweets and public remarks that allegedly inflated the cryptocurrency’s value. Investors argue that his endorsement of Dogecoin amounted to market manipulation, leading them to invest under false pretenses. Musk has consistently denied … Read more