The lawsuit against Elon Musk, the future head of the Department of Government Efficiency (D.O.G.E), is nearing completion. Lawyers for the investors, who demanded $258 billion, have withdrawn their appeal against the decision of Judge Hellerstein, who sided with Musk in August 2024. The lawsuit was filed in 2022 after the rise in DOGE's price related to Musk's tweets and his appearance on Saturday Night Live. The legal proceedings are ending, and now a few motions need to be approved.
11/16/2024 11:10:44 AM (GMT+1)
The lawsuit against Elon Musk for $258 billion over the rise in DOGE's price following his tweets and the Saturday Night Live show has concluded: appeal dismissed, final motions in progress ⚖️
724
Total views in all languages
Share: 100
x3
This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
Top Articles of the Last 10 Days
Lukashenko tasked with modernizing Belarus's energy infrastructure and considering the use of surplus electricity for cryptocurrency mining
European regulators are investigating OKX's involvement in laundering $100 million from the hacked funds of Bybit, considering a potential violation of MiCA standards for cryptocurrency services
Nigeria receives $60 million from confiscated US assets after Tigran Gambaryan’s release, strengthening cooperation in the fight against corruption and financial crimes
Congressman Brandon Gill proposed a bill to replace Benjamin Franklin with Donald Trump on the $100 bill to recognize his contributions to America
Senator Tim Scott proposes a bill to exclude "reputational risk" in banking regulations, with the goal of stopping the de-banking of cryptocurrency companies and legal businesses
President Trump signed an order to create the Strategic Bitcoin Reserve and the National Digital Asset Reserve to strengthen the U.S. position in managing cryptocurrencies
Russia excluded Bitcoin from national reserves, strengthening its positions in gold and the Chinese yuan as part of a financial strategy to ensure stability and liquidity
