Buyers who misplaced tens of 1000’s of {dollars} investing within the cryptocurrency faulted Musk for selling the token to his hundreds of thousands of Twitter followers with statements like “One phrase: Doge,” inflicting its worth to extend. Musk additional inflated the worth by then saying that Tesla would settle for Dogecoin as fee for merchandise, in keeping with the 2022 criticism.
A New York federal decide dismissed the claims on Thursday, discovering that Musk’s statements have been “aspirational” quite …
Musk, Tesla Beat Suit Over Promoting Dogecoin ‘Pyramid Scheme’ information.bloomberglaw.com 2024-08-30 00:24:37
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