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Cryptocoins News / Blockchain  - 3 years ago

Musk Requests Dismissal of $258 Billion Dogecoin Pyramid Scheme Lawsuit

Elon Musk and his legal team have requested the dismissal of a $258 billion lawsuit accusing him of operating a pyramid scheme to promote the cryptocurrency Dogecoin. Musk's lawyers dismissed the lawsuit as a "fanciful work of fiction" in a federal c...

Bitcoin News / Bitcoin.com - 3 years ago

Elon Musk Asks Judge to Dismiss $258B Dogecoin Lawsuit — Insists Tweeting Support for DOGE Isn’t Unlawful

Tesla and Twitter CEO Elon Musk has asked a U.S. judge to dismiss a $258 billion lawsuit filed against him by dogecoin investors. They alleged that the billionaire operated a pyramid scheme to promote the meme cryptocurrency dogecoin. “There is...

Cryptocoins News / The Cointelegraph ​ - 3 years ago

Elon Musk requests dismissal of $258B Dogecoin lawsuit: Report

The plaintiffs referred to Musk’s 2021 Saturday Night Live appearance, during which he played “a fictitious financial expert” and called Dogecoin “a hustle,” causing the price of DOGE to...

Bitcoin News / Bitcoinist - 3 years ago

Dogecoin: Libdogecoin Update Released For DOGE – But Will It Boost Memecoin’s Price?

Dogecoin (DOGE), the beloved internet meme-turned-cryptocurrency, has once again caught the attention of crypto enthusiasts worldwide. This time, it’s all courtesy of the unveiling of a new Libdogecoin release version 0.1.2 by developer Michi L...

Bitcoin News / Bitcoinist - 3 years ago

Dogecoin Surges 4% Due To This Elon Musk Tweet

The Doge father himself, Elon Musk, has breathed new life into the Dogecoin price with a tweet, triggering a 4% spike. The Twitter CEO responded to a popular Dogecoin community member and once again sparked the “Musk effect” for the DOGE...