Elon Musk chiede al giudice di archiviare la causa $258B Dogecoin
- Gli avvocati che rappresentano Elon Musk hanno chiesto a un giudice di archiviare la causa da $258 miliardi intentata dagli investitori in Dogecoin (DOGE) contro il CEO di Tesla.
- The lawyers said that the lawsuit was a “fanciful work of fiction” in Manhattan’s federal court on March 31.
- They said that Twitter posts such as “Dogecoin Rulz” and “no highs, no lows, only Doge” were “too vague” to be considered in a fraud case.
- In order to convince the judge to “throw out” the lawsuit, Elon Musk’s lawyers called his statements “innocuous and often silly tweets.”
Elon Musk, the CEO and founder of Tesla and SpaceX, promoted Dogecoin (DOGE), the world’s largest meme coin by market capitalization, which he repeated in the bull run of the 2020–2021 crypto market and went as far as to accept payments in the token as well. With an all-time high of $0.7, the meme coin made many investors millions, but following the onset of the 2022 bearish run of the crypto market, significant losses piled up on holders.
Di conseguenza, Elon Musk ha chiesto a un giudice di archiviare la causa intentata contro il dirigente di Tesla, che afferma di aver gestito uno schema piramidale per promuovere Dogecoin, che è quasi 90% in meno rispetto al suo massimo storico. Un rapporto di Reuters del 1° aprile confermato that the lawyers representing the new owner of social media platform Twitter claimed that the lawsuit was a “fanciful work of fiction” in Manhattan’s federal court on March 31.
The lawyers claim that statements posted on Twitter by Elon Musk like “Dogecoin Rulz” and “no highs, no lows, only Doge” were “too vague” to be considered grounds for a fraud case.
“There is nothing unlawful about tweeting words of support for, or funny pictures about, a legitimate cryptocurrency that continues to hold a market cap of nearly $10 billion.”
In order to convince the judge to “throw out” the lawsuit, Elon Musk’s lawyers called his statements “innocuous and often silly tweets.” It is important to mention here that the lawsuit, worth $258 billion, claims that the Tesla executive “used his pedestal as the world’s richest man to operate and manipulate the Dogecoin pyramid scheme.” The lawsuit accused the SpaceX CEO of pushing Dogecoin’s price by “more than 36,000% over two years and then letting it crash.”
The lawsuit also emphasized the presence of Elon Musk on Saturday Night Live as “a fictitious financial expert” and his emphasis on the Dogecoin token. He called Dogecoin “a hustle” as a reference point in the lawsuit.
Interestingly, Elon Musk has not given up on his cryptocurrency and continues his attempts to promote the meme token. Recently, the businessman revealed that he is working with “Doge developers to improve system efficiency” and that it could be “potentially promising.” He also told his followers that Tesla holds Ethereum, Bitcoin, and Dogecoin while adding that he would not sell his personal stash of crypto coins in the bear market either.
Come riportato in precedenza da Bitnation, Elon Musk è interessato rilevando l'istituto bancario crollato Silicon Valley Bank (SVB) and will attempt to digitize it if he successfully purchases it. Also, people with knowledge of the matter said that he would turn Twitter into a “super app” with the integrazione di un sistema di pagamenti che inizialmente supporterà solo le valute legali, ma continuerà a supportare anche le criptovalute.
È fondamentale notare che Twitter stava lavorando a un portafoglio crittografico nel 2022, ma l'idea è stata abbandonata dopo che più di 70% della forza lavoro è stata abbandonata.