Elon Musk pede ao juiz que rejeite o processo $258B Dogecoin
- Os advogados que representam Elon Musk pediram a um juiz que rejeite o processo de $258 bilhões movido por investidores da Dogecoin (DOGE) contra o CEO da 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.
Como resultado, Elon Musk pediu a um juiz que rejeitasse o processo movido contra o executivo da Tesla, que alega ter operado um esquema de pirâmide para promover o Dogecoin, que está quase 90% abaixo de seu recorde histórico. Um relatório da Reuters em 1º de abril confirmado 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.
Conforme relatado anteriormente pela Bitnation, Elon Musk está interessado em assumindo a instituição bancária falida 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 integração de um sistema de pagamentos que inicialmente suportará apenas moedas fiduciárias, mas também suportará moedas criptográficas.
É crucial observar que o Twitter estava trabalhando em uma carteira criptográfica em 2022, mas a ideia foi abandonada depois que mais de 70% da força de trabalho foi demitida.