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Elon Musk requests dismissal of $258B Dogecoin lawsuit
Elon Musk requests dismissal of $258B Dogecoin lawsuit
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Lawyers call the lawsuit a "fanciful work of fiction."
Lawyers call the lawsuit a "fanciful work of fiction."
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Investors accuse Musk of operating a pyramid scheme to promote Dogecoin.
Investors accuse Musk of operating a pyramid scheme to promote Dogecoin.
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Musk's lawyers argue his tweets are harmless and often silly.
Musk's lawyers argue his tweets are harmless and often silly.
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The investors failed to provide an explanation of how Musk planned to deceive anyone.
The investors failed to provide an explanation of how Musk planned to deceive anyone.
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Investors claim Musk boosted Dogecoin's value by over 36,000% and then allowed it to plummet.
Investors claim Musk boosted Dogecoin's value by over 36,000% and then allowed it to plummet.
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The lawsuit is identified as Johnson et al v. Musk et al, registered under case No. 22-05037.
The lawsuit is identified as Johnson et al v. Musk et al, registered under case No. 22-05037.
Image Credit: Getty
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