Elon Musk hit with dogecoin insider trading lawsuit
Dogecoin – which was created as a joke and has no practical use cases – surged in popularity during the crypto boom of 2021 but has since cratered. It's trading at just over 7 cents – 90% below the 68-cent peak on May 8, the day before Musk's"SNL" appearance.
Musk and Tesla questioned whether another amendment to the lawsuit could be justified last week, but judge Alvin Hellerstein said in a separate court order Wednesday that he would likely allow it. Alex Spiro, a lawyer for both Musk and Tesla, did not immediately respond to a request for comment from Insider, made outside normal working hours.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Our Favorite Wheel Bearings in 2023 - Top Reviews by Autoblog Commerce - AutoblogNeed new wheel bearings? We’ve got you covered. Check out our list of the top wheel bearings in 2023 and learn more in our handy buying guide.
Read more »
Musk's China visit ends with burgers for Shanghai Tesla workers - AutoblogThe billionaire's first trip to China in three years ended with fast food for Tesla workers in Shanghai, and recognition from Chinese state media.
Read more »
China accelerates launch of large-language models as Elon Musk visits BeijingChina has quickened its release of AI large-language models, matching the US in the global AI scene, as Tesla's Elon Musk returns to Beijing amidst the nation's AI boom.
Read more »
Twitter Has Lost Two-Thirds of Its Value Since Elon Musk Bought It: ReportTwitter's value has taken a nosedive since Elon Musk's acquisition, losing two-thirds of its worth, as per investor disclosure. The social media giant is facing a downward trend, but will it bounce back? 📉
Read more »
Twitter is worth just 33% of what Elon Musk bought it for, Fidelity saysMusk bought Twitter last year for $44 billion, but Fidelity says it's worth a lot less now.
Read more »
Bill Maher 'doesn't get' Elon Musk's more babies on Mars beliefsBill Maher says he 'loved' talking to Elon Musk but he 'doesn't get' his beliefs on making more babies and colonizing Mars
Read more »