Shiba

Dogecoin

Elon Musk

<ul class="wp-block-list news-points">
 <li><strong>Musk names Shiba Inu dog as mascot for his proposed Department of Government Efficiency (DOGE).</strong></li>
 <li><strong>U.S. court dismisses claims against Musk, reinforcing his influence in the Dogecoin market.</strong></li>
 <li><strong>Trump proposes Musk to lead a commission to audit and eliminate inefficiencies in federal agencies.</strong></li>
</ul>
<p>Elon Musk has revealed the branding for his proposed Department of Government Efficiency (DOGE) on X (formerly Twitter), confirming the Shiba Inu, a symbol closely tied to Dogecoin, as the department’s official mascot.</p>
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   <p lang="en" dir="ltr">Department <br>Of<br>Government <br>Efficiency</p>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1834104386303520822?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 12, 2024</a>
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<h2 class="wp-block-heading" id="h-musk-s-legal-victory-and-ongoing-support-for-dogecoin">Musk’s Legal Victory and Ongoing Support for Dogecoin</h2>
<p>The announcement followed Musk’s recent legal win in a U.S. court, which <a href="https://www.reuters.com/legal/elon-musk-tesla-win-dismissal-lawsuit-claiming-they-rigged-dogecoin-2024-08-29/#:~:text=NEW%20YORK%2C%20Aug%2029%20(Reuters,billions%20of%20dollars%20of%20losses." target="_blank" rel="noopener noreferrer nofollow">dismissed accusations</a> that he and Tesla misled investors through their promotion of Dogecoin. The U.S. District Court for the Southern District of New York ruled that Musk’s social media statements—such as calling Dogecoin the future currency of Earth—were aspirational, not deceptive.</p>
<p>Musk and Tesla had been accused of participating in a pump-and-dump scheme and insider trading regarding Dogecoin. However, the court found these allegations…</p>
<p>The post <a href="https://coinedition.com/elon-musk-introduces-doge-mascot-for-u-s-government-efficiency-dept/" rel="noopener noreferrer nofollow">Elon Musk Introduces DOGE Mascot for U.S. Government Efficiency Dept.</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Elon Musk Introduces DOGE Mascot for U.S. Government Efficiency Dept.

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