Ilon Musk has secured the dismissal of a $258bn lawsuit regarding Dogecoin fraud.

August 30, 2024

The tech tycoon won a court case concerning allegations of insider trading and cryptocurrency manipulation.

The court dismissed the lawsuit, the authors of which considered Ilon Musk and Tesla to be involved in the Pump and Dump scheme with the Dogecoin memcoin.

Initially, the plaintiffs demanded $258bn in damages from the entrepreneur and the company.

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Ilon Musk has secured the dismissal of a $258bn lawsuit regarding Dogecoin fraud.

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Massive protests have broken out in Cairo – people are protesting against President Abdel Fattah al-Sisi. It’s all about the deteriorating economic situation, corruption, and the suppression of civil liberties.

Jerome Powell and the 🇺🇸 Fed just said it will soon “seek public comment on significant changes to improve transparency of bank stress tests & reduce volatility of resulting capital requirements”