Dogecoin Lawsuit Comes to an End

狗狗币诉讼结束

A protracted legal battle between Dogecoin investors and Elon Musk has finally concluded with the investors withdrawing their appeal on November 14, 2024. The lawsuit, filed in 2022, alleged that Musk and his company, Tesla, manipulated the price of Dogecoin for personal gain.

狗狗币投资者和埃隆·马斯克之间旷日持久的法律斗争最终以投资者于 2024 年 11 月 14 日撤回上诉而告终。这起诉讼于 2022 年提起，指控马斯克和他的公司特斯拉为了个人利益操纵狗狗币的价格。

The lawsuit centered on Musk's public statements and actions, including his appearance on "Saturday Night Live" where he referred to Dogecoin as a "hustle." Investors argued that these statements, along with Musk's tweets, artificially inflated Dogecoin's value, causing significant losses when the price subsequently declined.

该诉讼集中在马斯克的公开声明和行为上，包括他在“周六夜现场”中将狗狗币称为“骗局”。投资者认为，这些声明以及马斯克的推文人为抬高了狗狗币的价值，导致当价格随后下跌时造成重大损失。

Lawsuit Dismissed and Appeal Dropped

诉讼被驳回，上诉被驳回

The lawsuit sought damages of $258 billion. However, in August 2024, U.S. District Judge Alvin Hellerstein dismissed the case, ruling that Musk's statements, such as his reference to Dogecoin as the "future currency of Earth," did not constitute securities fraud. The judge also dismissed claims of insider trading due to insufficient evidence.

该诉讼要求赔偿 2580 亿美元。然而，2024 年 8 月，美国地区法官阿尔文·海勒斯坦 (Alvin Hellerstein) 驳回了此案，裁定马斯克的言论，例如他将狗狗币称为“地球的未来货币”，不构成证券欺诈。由于证据不足，法官还驳回了内幕交易的指控。

Following the dismissal, investors filed an appeal and sought sanctions against Musk's legal team for allegedly interfering with the appeal process. However, this week, the investors dropped both the appeal and the sanctions request, effectively ending the case. The agreement is currently awaiting final approval from Judge Hellerstein.

被驳回后，投资者提出上诉，并寻求对马斯克的法律团队进行制裁，因为该团队涉嫌干扰上诉程序。然而，本周，投资者撤回了上诉和制裁请求，有效结束了此案。该协议目前正在等待海勒斯坦法官的最终批准。

Dogecoin Foundation's Role

狗狗币基金会的角色

Throughout the legal proceedings, the Dogecoin Foundation, representing the Dogecoin community, worked to distance core developers and founders from the lawsuit. The foundation expressed relief at the conclusion of the case, as many individuals initially included were cleared of wrongdoing early on.

在整个法律诉讼过程中，代表狗狗币社区的狗狗币基金会努力使核心开发者和创始人远离诉讼。该基金会对该案的结论表示宽慰，因为最初纳入的许多个人很早就被证明没有不当行为。

Dogecoin's Future

狗狗币的未来

With the lawsuit behind them, the Dogecoin Foundation is now focused on Dogebox, a project that enables users to run Dogecoin nodes, accept Dogecoin payments, and develop applications on the Dogecoin blockchain. Elon Musk continues to be a vocal supporter of Dogecoin, contributing to its increased visibility.

随着诉讼的结束，狗狗币基金会现在专注于 Dogebox，该项目使用户能够运行狗狗币节点、接受狗狗币付款并在狗狗币区块链上开发应用程序。埃隆·马斯克继续大力支持狗狗币，为其提高知名度做出了贡献。

Ongoing Legal Challenges for Musk

马斯克持续面临的法律挑战

Despite the end of the Dogecoin lawsuit, Elon Musk faces ongoing legal challenges. President-elect Donald Trump has appointed Musk to lead the newly created Department of Government Efficiency. Additionally, Musk is embroiled in a legal dispute with OpenAI and Microsoft, alleging unfair business practices by the tech giants.

尽管狗狗币诉讼已经结束，埃隆·马斯克仍面临着持续的法律挑战。当选总统唐纳德·特朗普任命马斯克领导新成立的政府效率部。此外，马斯克还卷入了与 OpenAI 和微软的法律纠纷，指控科技巨头存在不公平的商业行为。

Dogecoin's Continued Popularity

狗狗币的持续受欢迎

Despite the ongoing legal drama, Dogecoin continues to garner attention. Crypto analyst Ali Martinez recently reported that large investors, known as whales, have purchased over $56 million worth of Dogecoin in the past 24 hours. As of November 16, 2024, Dogecoin is valued at $0.3645, representing an 8% decline over the past day.

尽管法律纠纷仍在继续，狗狗币仍然受到关注。加密货币分析师 Ali Martinez 最近报告称，被称为鲸鱼的大型投资者在过去 24 小时内购买了价值超过 5600 万美元的狗狗币。截至 2024 年 11 月 16 日，狗狗币估值为 0.3645 美元，较过去一天下跌 8%。