Elon Musk Faces a Setback in Dogecoin-Related Lawsuit as Key Lawyer Withdraws

Billionaire tech tycoon Elon Musk finds himself ensnared in litigation relating to the cryptocurrency industry. This lawsuit, brought about before the US Securities and Exchange Commission (SEC) began its series of lawsuits against various individuals within the crypto industry, involves Musk and Dogecoin (DOGE). This case took a surprising turn recently as Musk’s side suffered a major blow. Accusations of DOGE Manipulation Tesla investors have claimed that Musk plotted to profit from Dogecoin investments by publishing tweets, paying influencers, and even appearing on NBC’s Saturday Night Live. Musk’s tweets prior to his appearance on the 2021 Saturday Night Live episode certainly marked a significant turning point for DOGE. According to investors, Musk’s continuous promotion of DOGE was not without a motive. They argue that Musk was using these moves to profit from insider trading. While claims that Musk was holding a substantial amount of DOGE circulated, it was highlighted that […] The post Elon Musk Faces a Setback in Dogecoin-Related Lawsuit as Key Lawyer Withdraws appeared first on COINTURK NEWS.