Plaintiffs in the Dogecoin (DOGE) lawsuit against Elon Musk accuse the billionaire of using a “bottomless war chest” to finance a harassment campaign against them, new court documents show.
In a new filing, Evan Spencer, a plaintiff attorney representing Musk, claims that Musk defrauded investors when he promoted the meme coin DOGE. Evan Spencer said Musk and his attorney Alex Spiro are using "illegal" tactics to discredit him and his clients.
According to Spencer, in a previous article published by the New York Post (which was subsequently circulated to other media), Spiro attacked Spencer's abilities as a lawyer and claimed that he lied when he accused Musk of owning a wallet related to DOGE.
Spencer also claimed that Spiro leaked a private letter between them to The Washington Post. The letter was sent by Spiro to Spencer, claiming that the allegations against Musk were unfounded.
“The only possible way Spiro’s letter could have gotten into the New York Post is if defense attorneys or agents or subordinates acting on their behalf provided it to the New York Post….
[The] story was published on The Washington Post website, picked up by other media outlets, including the widely read Yahoo News aggregator, popular financial news sites Benzinga and Decrypt, and the International Business Times, and republished to millions of people across the United States.
Since one of my clients brought the Washington Post article to my attention, I need to allay the fear and doubt it has created for my client regarding this case. It appears that the defendants are using their bottomless pit of funds to fund an illegal harassment campaign against me and my client.”
In late June, Spencer sought to remove Spiro as Musk's lawyer over the leaked letter, saying at the time it "violated numerous ethical rules."
Musk was initially sued by a group of investors in June 2022, claiming that their financial losses were caused by the business magnate’s manipulation of DOGE’s price.