Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Sep / 01
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- Dogecoin Lawsuit Dismissed: Elon Musk Cleared, DOGE Price Surge Expected?
- Aug 30, 2024 at 09:54 pm Crypto News Flash
- In a landmark victory, Elon Musk has been exonerated from insider trading allegations related to his promotion of Dogecoin. Judge Alvin Hellerstein dismissed the lawsuit, citing that Musk's statements were aspirational and not falsifiable. This decision has fueled optimism within the Dogecoin community, with experts anticipating a potential price surge, driven by Musk's unwavering support and the growing credibility of the cryptocurrency.
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- Elon Musk and Tesla Win Dogecoin (DOGE) Lawsuit!
- Aug 30, 2024 at 03:34 pm Bitcoin Sistemi EN
- A federal lawsuit alleging that Elon Musk and Tesla committed fraud and insider trading by manipulating Dogecoin's price has been dismissed. The plaintiffs claimed $258 billion in damages, alleging that Musk used social media to inflate DOGE's value by 36,000%. However, Musk's lawyers argued that his tweets were not misleading, and Judge Alvin Hellerstein agreed, finding no evidence of fraud or intent to deceive investors. Consequently, the case was dismissed, with the judge stating that reasonable investors would not rely on Musk's tweets for investment decisions.
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- Can Dogecoin Price Hit $0.15 After Elon Musk Lawsuit Win?
- Aug 30, 2024 at 03:44 pm Coingape News Media
- Dogecoin's price has remained stagnant despite news of Elon Musk's lawsuit victory. On-chain metrics reveal mixed sentiments, with increased social dominance and positive sentiment but also a high number of active addresses and a divergence between price and user activity. The negative price divergence and bearish technical indicators suggest investor indecision. Shorts outnumber Longs, but the gap is shrinking, hinting at potential bullish sentiment and a possible price surge towards $0.13. However, a downside risk exists if support levels fail to hold, potentially leading to a decline to $0.935 or $0.08.
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- Elon Musk Wins Dismissal of $258 Billion Dogecoin Manipulation Lawsuit
- Aug 30, 2024 at 03:49 pm CryptoPotato_News
- Elon Musk has triumphed in dismissing a $258 billion Dogecoin lawsuit, with Judge Hellerstein ruling in favor of Musk and Tesla, dismissing investor claims. Judge Hellerstein deemed Musk's tweets as "aspirational" and "puffery," not actionable statements, and found no evidence of a pump and dump scheme, leading to the dismissal of the case.
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- Elon Musk Dogecoin Lawsuit: Tesla To Bring Back DOGE Payments
- Aug 31, 2024 at 03:09 pm Coingape News Media
- Elon Musk Dogecoin Lawsuit: Tesla to Reintroduce DOGE Payments In a favorable ruling, the US district court dismissed a lawsuit alleging Dogecoin mani...
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- Breaking: Elon Musk Wins Dogecoin Trading Lawsuit Dismissal, DOGE Price To Rally?
- Aug 30, 2024 at 08:04 am Coingape News Media
- Elon Musk and Tesla Inc. have successfully dismissed a lawsuit accusing them of defrauding investors through promotions and trading of Dogecoin. U.S. District Judge Alvin Hellerstein dismissed the lawsuit due to investors' failure to provide substantial evidence of alleged insider trading and market manipulation by Musk and Tesla. Musk's legal team argued that there was no proof linking Musk or Tesla to the trading activities or misconduct related to Dogecoin.
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- Elon Musk, Tesla beat Dogecoin manipulation lawsuit
- Aug 30, 2024 at 08:39 am Cointelegraph
- Tesla and Elon Musk successfully dismissed a lawsuit alleging manipulation of Dogecoin's price, with Judge Alvin Hellerstein ruling that plaintiffs' claims were based on aspirational and speculative statements rather than factual representations. The dismissal follows Musk's previous request to dismiss the lawsuit that accused him of using his influence to manipulate a "pyramid scheme," resulting in $258 billion in alleged damages.
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- Elon Musk Beats Dogecoin Lawsuit: Judge Dismisses $258 Billion Claim
- Aug 30, 2024 at 09:19 am CoinPedia News
- Elon Musk Beats Dogecoin Lawsuit: Judge Dismisses $258 Billion Claim Elon Musk, founder of Tesla and owner of social media platform X (formerly Twitte...
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- Elon Musk, Tesla Win Case: DOGE Price On The Mend
- Aug 30, 2024 at 04:30 pm The Coin Republic
- In a significant turn of events, a lawsuit alleging price manipulation against Elon Musk and Tesla regarding Dogecoin has been dismissed by a US District Court judge. The ruling deems Musk's tweets as "puffery" and not a basis for investment decisions, bolstering the cryptocurrency's price, which initially dipped then rebounded, indicating buyer interest and support.
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- Elon Musk, Tesla Win Dismissal of Dogecoin Manipulation Lawsuit
- Aug 30, 2024 at 04:39 pm Altcoin Buzz
- Judge Alvin Hellerstein dismisses a Dogecoin manipulation lawsuit against Elon Musk and Tesla, ruling that the plaintiffs failed to prove illegal behavior. Hellerstein maintains that reasonable investors would not have relied on Musk's tweets as investment advice, emphasizing that his statements, while potentially exaggerated or humorous, did not constitute material misrepresentation. This ruling highlights the challenges of holding public figures accountable for volatile market commentary, suggesting that even influential figures' social media expressions may not be considered financial advice.
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