The massive lawsuit against Elon Musk over Dogecoin price manipulation is coming to an end. Lawyers representing investors have withdrawn their appeals after Judge Hellerstein sided with the Tesla CEO in August 2024.
- The lawsuit, which began in July 2022, accuses Musk of illegally manipulating the price of DOGE, notably through tweets and appearances on SNL.
- DOGE peaked at over $0.73 before SNL, but is now down to $0.36.
- Musk and Tesla also withdrew their motions to sanction the plaintiffs' attorneys.
Judge Hellerstein will have to approve these requests before the case is officially over. 🚀