Major Lawsuit Against Elon Musk Over Dogecoin Market Manipulation to Conclude

针对埃隆·马斯克（Elon Musk）操纵狗狗币市场的重大诉讼即将结束

The high-profile lawsuit filed against Elon Musk, the prospective head of the Department of Government Efficiency (D.O.G.E), is nearing its end, as indicated by recent legal filings.

最近的法律文件显示，针对政府效率部 (D.O.G.E) 未来负责人埃隆·马斯克 (Elon Musk) 提起的备受瞩目的诉讼已接近尾声。

Plaintiffs Drop Appeal

原告放弃上诉

Lawyers representing investors seeking $258 billion in damages have withdrawn their appeal of an earlier ruling that favored Musk in August 2024. Judge Hellerstein had dismissed the lawsuit, citing insufficient evidence.

代表投资者寻求 2580 亿美元赔偿的律师撤回了对 2024 年 8 月一项有利于马斯克的裁决的上诉。海勒斯坦法官以证据不足为由驳回了诉讼。

Background of the Case

案件背景

The lawsuit originated in July 2022 following the collapse of the 2021 bull market. Plaintiffs alleged that Musk illegally manipulated the price of Dogecoin (DOGE), particularly through public appearances and social media posts.

该诉讼起源于 2021 年牛市崩溃后的 2022 年 7 月。原告指控马斯克非法操纵狗狗币（DOGE）的价格，特别是通过公开露面和社交媒体帖子。

Allegations and Dismissal

指控和解雇

Keith Johnson, the lead plaintiff, claimed that Musk's actions caused $86 billion in damages to Tesla's CEO and $172 billion in losses to DOGE traders since 2019. Hellerstein dismissed the case for lack of evidence.

主要原告基思·约翰逊声称，自 2019 年以来，马斯克的行为给特斯拉首席执行官造成了 860 亿美元的损失，给 DOGE 交易员造成了 1720 亿美元的损失。海勒斯坦因缺乏证据而驳回了此案。

Withdrawal of Appeal

撤回上诉

The withdrawal of the appeal signifies that the plaintiffs no longer intend to pursue their case. In response, Musk and Tesla have also dropped their motion for sanctions against the plaintiffs' lawyers.

撤回上诉意味着原告不再打算继续追究其案件。作为回应，马斯克和特斯拉也放弃了对原告律师实施制裁的动议。

Pending Approvals

待批准

US District Judge Hellerstein must now approve both requests before the lawsuit is officially closed.

美国地区法官海勒斯坦现在必须在诉讼正式结束之前批准这两项请求。

Impact on Dogecoin's Price

对狗狗币价格的影响

Dogecoin's value soared following Trump's presidential victory in 2024, possibly due to its association with Musk. However, it has since lost momentum, currently trading at $0.36.

特朗普在 2024 年当选总统后，狗狗币的价值飙升，这可能是由于它与马斯克的关系。然而，此后它失去了动力，目前交易价格为 0.36 美元。