{"id":22852,"date":"2023-08-11T06:30:21","date_gmt":"2023-08-11T06:30:21","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/elon-musks-legal-team-urges-dismissal-of-dogecoin-lawsuit\/"},"modified":"2023-08-11T06:30:21","modified_gmt":"2023-08-11T06:30:21","slug":"elon-musks-legal-team-urges-dismissal-of-dogecoin-lawsuit","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/elon-musks-legal-team-urges-dismissal-of-dogecoin-lawsuit\/","title":{"rendered":"Elon Musk’s Legal Team Urges Dismissal of Dogecoin Lawsuit"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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The legal team for billionaire Elon Musk is moving swiftly to end the dispute regarding Dogecoin (DOGE). Musk\u2019s attorneys have submitted a move to dismiss the lawsuit, calling it \u201cfrivolous,\u201d and claiming that the Plaintiffs\u2019 claims are based on the lighthearted memes that the Tesla CEO posted.<\/p>\n

Legal Filing Seeks Dismissal<\/strong><\/h2>\n

Musk\u2019s legal team claims in a fresh court document that it is time to conclude the pointless legal battle. The rationale supporting the move for dismissal \u201cwithout prejudice\u201d is that the Plaintiffs\u2019 claims lack a firm legal basis. The attorneys stress that Musk\u2019s promotion of DOGE, a cryptocurrency with a market valuation of more than $11 billion and inspired by memes, is not inherently troubling.<\/p>\n

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Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong> <\/p>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

The court filing states, \u201cThere is nothing unlawful about tweeting words of support for, or funny pictures about, a cryptocurrency that holds a market capitalization of over $11 billion.\u201d<\/p>\n

Challenges to the Plaintiffs\u2019 Claims<\/strong><\/h2>\n

A group of Dogecoin investors first filed lawsuit against Musk in June 2022<\/a>, claiming that Musk had caused their losses by manipulating the price of the digital currency. However, Musk\u2019s legal team has strongly refuted these allegations. They contend that the claims made by the Plaintiffs are unfounded and are based solely on Musk\u2019s tweets concerning DOGE.<\/p>\n

The claims that Musk owned a Dogecoin wallet and sold a significant sum of the cryptocurrency are further addressed by Musk\u2019s response. These allegations are refuted by the legal team, confirming that Musk\u2019s tweets were appropriate given the humorous character of memecoin.<\/p>\n

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5BTC or 111% + 111 Free Spins!<\/strong> <\/p>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Intricacies of the Legal Battle<\/strong><\/h2>\n

The legal battle has gone through its fair number of detours. Musk\u2019s legal team has argued that the case needs to be dismissed since prior attempts to alter the case have failed. Additionally, allegations of leaks of personal correspondence between the two parties to the lawsuit have surfaced, complicating an already complex legal dispute.<\/p>\n<\/p><\/div>\n

Source link <\/a>
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(Originally posted on : Crypto News – iGaming.org ) The legal team for billionaire Elon Musk is moving swiftly to end the dispute regarding Dogecoin (DOGE). Musk\u2019s attorneys have submitted a move to dismiss the lawsuit, calling it \u201cfrivolous,\u201d and claiming that the Plaintiffs\u2019 claims are based on the lighthearted memes that the Tesla CEO […]<\/p>\n","protected":false},"author":34,"featured_media":22853,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22852"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=22852"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22852\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/22853"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=22852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=22852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=22852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}