Elon Musk Dogecoin lawsuit – Elon Musk and Tesla Win Dismissal of $258 Billion Dogecoin Fraud Lawsuit

Quick Summary:

Elon Musk Dogecoin lawsuit has taken a significant turn as a U.S.federal court dismissed a massive $258 billion lawsuit against Musk and his electric car company, Tesla.

The judge noted that while Musk’s influence on the Dogecoin market was undeniable, the plaintiffs could not prove that his actions constituted illegal market manipulation.

The plaintiffs, who initially sought $258 billion in damages, argued that Musk’s actions were part of a larger scheme to defraud investors, leading to significant financial losses when the cryptocurrency’s value eventually plummeted.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Ishu Aggarwal

Category: Crypto

Markets: India

Topics: Latest News Elon Musk Dogecoin lawsuit DOGECOIN

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 16:02:34 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 707 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 22309125

View Article Analysis

About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 7 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 18 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

Frequently Asked Questions