Elon Musk has been accused of being a "mole" in the Dogecoin community! There have been new developments in the Dogecoin case.
Elon Musk is facing allegations of insider trading in the Dogecoin case. Investors claim that Musk used Twitter, social media influencers, and TV shows to manipulate the price of the cryptocurrency.
Investors have filed a petition to the Manhattan Federal Court on Wednesday, alleging that Musk used his Twitter posts, paid online influencers, his appearance on NBC's Saturday Night Live in 2021, and other "promotional stunts" to trade profitably through a few Dogecoin wallets controlled by himself or Tesla, with the expenses being borne by themselves.
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