Dogecoin Lawsuit Appeal Withdrawn, Elon Musk And Tesla In The Clear

Quick Summary:

A lawsuit alleging that Elon Musk manipulated the price of Dogecoin is drawing to a close, as investors have decided to withdraw their appeal against a dismissal issued on August 29.

Despite the recent surge, Dogecoin is still trading 50% below its all-time high of $0.731, set during the 2021 bull run, with high expectations for further gains in the year’s final months.

As of Friday, neither Musk’s nor the investors’ legal representatives had responded to inquiries or made official statements regarding this development.

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Article Details

Author / Journalist: Ronaldo Marquez

Category: Crypto

Markets: Hungary

Topics: Elon Musk CEO Tesla Department of Government Efficiency (DOGE) Doge coin Dogecoin news Dogecoin Elon Musk Dogeusdt Crypto news Dogecoin Elon Musk Elon Musk DOGE Breaking News Ticker Doge Dogecoin lawsuit Elon Musk news

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 17:32:05 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 439 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 23604611

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About Bitcoinist

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Official Website: bitcoinist.com

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Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

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