Dogecoin lawsuit against Elon Musk and Tesla ends as investors withdraw appeal, dismissing all related sanctions in federal court.
A Dogecoin lawsuit against Elon Musk has officially ended after investors withdrew their appeal of an August 29 dismissal. The lawsuit, which accused Musk and Tesla of fraud and insider trading, also included motions to impose sanctions on both sides’ legal teams.
A stipulation to end the case was filed on Thursday in a Manhattan federal court and awaits final approval from U.S. District Judge Alvin Hellerstein.
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