Dogecoin Investors Drop $248 Billion Class Action Lawsuit Against Elon Musk

Quick Summary:

A federal judge in Manhattan had previously ruled that Elon Musk’s public Dogecoin statements were "aspirational and puffery.

Lawyers for Musk and Tesla responded by stating that Spencer had not indicated the settlement demand was confidential, while agreeing to refile the document in question under seal temporarily.

Hellerstein ruled that Musk’s public statements about Dogecoin were “aspirational and puffery,” rejecting a complaint that had been amended four times with prejudice.

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Article Details

Author / Journalist: André Beganski

Category: Crypto

Markets: Estonia

Topics: Law and Order Dogecoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 18:24:04 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 569 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 23605027

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 4 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 13 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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