A sticker advertising Dogecoin on a cryptocurrency automated teller machine (ATM) at a laundromat in Hong Kong, China, on Thursday, June 9, 2022. Tesla Inc. Chief Executive Elon Musk expressed his interest in Bitcoin and Dogecoin early last year and allowed Tesla customers to buy the electric cars with Bitcoin, helping to send the crypto market to record highs. Photo: Paul Yeung/Bloomberg US Judge Tosses Lawsuit Accusing Elon Musk, Tesla of Rigging Dogecoin
"It's a very good day for Dogecoin," Musk attorney Alex Spiro of Quinn Emanuel Urquhart & Sullivan said in a statement.
August 30, 2024 at 01:48 PM
2 minute read
Cryptocurrency
The original version of this story was published on New York Law Journal
A federal judge in Manhattan on Thursday dismissed a lawsuit accusing Elon Musk and Tesla of defrauding investors by hyping cryptocurrency Dogecoin, finding Musk's statements on social media were "aspirational and puffery."
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