Dogecoin

<ul><li>A group of Dogecoin investors filed this case against Elon Musk.</li><li>The Plaintiff’s lawyers have requested that the judge dismiss Musk’s attorney.</li></ul>Elon Musk, the CEO of Tesla, is facing accusations of market manipulation and insider trading of Dogecoin (DOGE). A group of Dogecoin investors filed this case against Elon Musk. According to the court filing in the case, the lawyers representing the group of Dogecoin investors want Musk’s lawyer thrown out for misconduct.The DOGE investor lawyers requested that the judge remove Musk’s attorneys from the lawsuit for engaging in a pattern of depreciating. And also, oppressive misconduct in a petition to the federal court in Manhattan.<h3 id="dogecoin-investor-s-lawsuit-against-elon-musk">Dogecoin Investor’s Lawsuit Against Elon Musk</h3>On June 1, a group of Dogecoin investors filed a <a href="https://thenewscrypto.com/elon-musk-faces-legal-battle-over-dogecoin-price-manipulation/" rel="noopener noreferrer nofollow">lawsuit</a> against Elon Musk, accusing him of engaging in market manipulation and insider trading of the popular memecoin, Dogecoin. For a long time, Musk has promoted the DOGE memecoin on the Twitter platform and in his interviews. Musk’s actions have directly impacted the memecoin trading price, which has reached new heights.The investors have filed a case in Manhattan federal court that claims Musk has used his micro-blogging site Twitter’s posts, his participation in NBC’s “Saturday Night Live” in 2021. And other planned publicity stunts to trade profitably at their cost through several Dogecoin wallets that he or Tesla control.Investors have added that Musk sold $124 million worth of Dogecoins after he replaced the Twitter logo in April. Musk has changed the Twitter logo to Dogecoin’s Shiba Inu dog logo. This results in DOGE’s trading price surging above 30%.The filings also added that Musk used a deliberate course of carnival barking and market manipulation. Moreover, insider trading deceives investors and promotes himself and his companies.Continue to read <a href="https://thenewscrypto.com/altcoin-news-dogecoin-investors-vs-elon-musk-lawyers-seek-disqualification-for-misconduct/" rel="noopener noreferrer nofollow">&#64;TheNewsCrypto</a>

Dogecoin Investors vs. Elon Musk: Lawyers Seek Disqualification for Misconduct

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TheNewsCrypto

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