Elon Musk Asks Court To End $258 Bln Doge Lawsuit

Elon Musk Asks Court To Dismiss $258 Bln DOGE Lawsuit

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Tesla chief Elon Musk asked a U.S. judge on Friday to throw out a $258 billion lawsuit involving him and Dogecoin.

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The lawsuit claims Elon is running a pyramid scheme to support the cryptocurrency Dogecoin.

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Musk’s lawyers called the lawsuit by Dogecoin investors a “fanciful work of fiction” over Musk’s “innocuous and often silly tweets” about Dogecoin.

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The lawsuit never explained how Musk intended to defraud anyone or what risks he concealed, Tesla and Musk’s lawyers said.

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Musk’s lawyers urged the court to put a stop to plaintiffs’ fantasy and dismiss the complaint.

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“There is nothing unlawful about tweeting words of support for a legitimate cryptocurrency that continues to hold a market cap of nearly $10 billion,” Musk’s lawyers said.

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Twitter chief is known for tweeting about Dogecoin, but it was given that those tweets were only jokes to the richest person in the world.

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