ELON MUSK WINS DOGECOIN LAWSUIT DISMISSAL

Elon Musk has emerged victorious in the Dogecoin lawsuit as investors withdrew their appeal, effectively dismissing the case.

This lawsuit, filed in 2022, alleged that Musk manipulated Dogecoin's price through tweets and public statements, including his infamous "Saturday Night Live" appearance where he jokingly called Dogecoin a "hustle".

The plaintiffs sought a whopping $258 billion in damages, claiming Musk's actions constituted securities fraud and insider trading. However, U.S. District Judge Alvin Hellerstein dismissed the lawsuit in August, citing a lack of evidence to support these claims.

With the investors withdrawing their appeal, Musk's lawyers have also dropped their motion seeking sanctions against the investors' legal team. The case will officially come to a close once Judge Hellerstein approves the withdrawal motion.$BTC $DOGE