Key Points:
Adam Gabor Mehes, an attorney on the verge of leaving, has signaled to withdraw his attorney in Musk’s $258 billion lawsuit related to the alleged Dogecoin (DOGE) market manipulation. It is reported that this lawyer has only been in office for less than a year and has actively participated in many legal proceedings related to Musk before.
Meanwhile, Tesla’s legal team has applied to the court to invite their new attorney, Allison Huebert, who previously worked as a litigator at law firm Quinn Emanuel, in the DOGE market manipulation case.
Earlier in the news in June of this year, Musk denied the “Dogecoin whale” allegation. It is known that in June last year, Musk was also accused of manipulating the price of Dogecoin to the detriment of the interests of retail investors.
Musk has repeatedly denied allegations of market manipulation and insider trading related to the meme coin. A group of DOGE investors alleges he used his social media accounts to pump money after he appeared on NBC’s Saturday Night Live.
The Elon Musk’s lawyer also defended Musk’s tweets as innocuous, unable to affect the market. “There is nothing illegal about posting support on Twitter or sharing funny photos of a cryptocurrency with a market capitalization of nearly $10 billion. The court should end the plaintiff’s imagination and dismiss the claim complaint,” Musk’s lawyers wrote.
Last week, another lawyer for Musk, Alex Shapiro, denied allegations that the billionaire owns several digital wallets containing millions of dollars worth of Dogecoins.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Foxy
Coincu News
Discover the Best New Meme Coins to Join for 2025. BTFD Coin's price rollback offers…
Discover how DTX Exchange's historic achievement of 100,000 transactions per second on a layer-1 blockchain…
VanEck suggests the U.S. could reduce its national debt by 35% by 2050 through a…
President-elect Donald Trump named Bo Hines as the executive director of the presidential crypto council.
Explore the best new meme coins with 1000X potential. Learn how BTFD Coin leads with…
BlockDAG crosses $170.5M in presale success with BDAG250 bonus and Whitepaper V3 launch! Solana grows…
This website uses cookies.