Reported about 1 month ago
A federal judge dismissed a lawsuit against Elon Musk and Tesla, which claimed they inflated Dogecoin's price into a $258 billion 'pyramid scheme.' Investors accused Musk of misleading them through promotional statements on social media that increased Dogecoin's value. However, the judge ruled that Musk's comments were aspirational rather than factual and not grounds for legal action. The plaintiffs expressed disappointment and plan to appeal the decision.
Source: YAHOO