Musk and Tesla win: Dogecoin fraud charges dismissed

According to PANews, Elon Musk and his company Tesla successfully dismissed a federal lawsuit. The lawsuit accused them of exaggerating the value of Dogecoin and engaging in insider trading, defrauding investors and causing billions of dollars in losses. Spot Contract Junyang👉@点这里 加密乘风

Manhattan District Judge Alvin Hellerstein ruled that Musk's tweets were idealistic and exaggerated and could not be used as the basis for securities fraud lawsuits, so he dismissed investors' market manipulation and insider trading charges. Investors initially sought $258 billion in compensation and amended the complaint four times. Musk's lawyers said his tweets were harmless and there was no evidence that he or Tesla had engaged in suspicious transactions. #Telegram创始人获保释 #英伟达财报 #OpenSea收到韦尔斯通知 #以太坊基金会 #新币挖矿DOGS