The $258 Billion Dogecoin Lawsuit Against Elon Musk: Dissecting The Plaintiff's Arguments (Op-Ed)

Disgruntled Dogecoin investors have filed a $258 billion lawsuit against Elon Musk. But lawyers for Silicon Valley’s "Techno King" have asked the court to dismiss the suit. Here’s why they should.

Highlights

• Elon Musk’s lawyers say the lawsuit against him is a “work of fiction” Dogecoin investors have filed a $258 billion lawsuit against Elon Musk.
• But lawyers for Silicon Valley’s “Techno King” have asked the court to dismiss the suit.
• The lawsuit is frivolous, they say, and it’s not a Ponzi scheme or a fraud.
• Elon Musk ordered the Twitter logo reset to the famous Doge meme graphic Monday.
• DogeCoin price exploded 25% in a day over the incredibly lucrative placement of the graphic on the popular meme graphic.
• The price collapse of DOGE after the last bull run was market economics, not a fraud, the suit claims.

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