What do you do if Elon Musk’s Dogecoin fandom has been hitched to the White House?
If you’re an attorney representing Dogecoin investors in a class-action lawsuit that sought $258 billion in damages on market manipulation allegations, then you agree to abandon your case against the tech CEO and his electric automaker.
In a Thursday filing, lawyers representing Musk and the Dogecoin investors informed a Manhattan federal judge that both parties would like to bring the years-long case to an end. That included withdrawing a notice of appeal filed in September and any outstanding motions.
“In light of the district court’s dismissal by a 90-year-old judge who didn’t ‘understand’ the case and Trump’s alliance with Musk creating the Department of Government Efficiency (an acronym for D.O.G.E.), and Doge’s subsequent spiking of 300% since the election, it’s clear that Elon Musk is above the law and can manipulate Dogecoin without penalty or limitation by United States courts,” lawyer Evan Spencer told D
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Author: André Beganski
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