Remember when Elon Musk changed Twitter's logo to Doge,"the power of massage" sex video the shiba inu dog mascot of cryptocurrency Dogecoin? It could cost him.
The CEO of Twitter and Tesla has been accused of insider trading and manipulating the price of Dogecoin in a proposed class action lawsuit.
According to Reuters, investors are claiming that Musk used his influence on Twitter, TV appearances, and paid online influencers to trade profitably at the expense of other investors.
SEE ALSO: Twitter is now worth one-third what Elon Musk paidMusk has been very vocal about Dogecoin for years now, often causing spikes in Dogecoin's price. For example, in 2019 he said Dogecoin was his favorite currency. He also spoke favorably about Dogecoin on SNL, he said he would launch a satellite named Doge-1 to the moon, and at one point he considered allowing customers to buy Tesla cars using Doge (you can buy certain items in Tesla's online store with Doge).
Saying and doing all that is one thing, but using his massive online influence to pump Doge and then actually profit from it, which is what the lawsuit claims, is another.
A Wednesday night filing in Manhattan federal court claims that Musk, for example, sold roughly $124 million worth of Dogecoin in April after he replaced Twitter's logo with Dogecoin's logo, which led to a 30 percent increase in Dogecoin's price. According to the filling, Musk went on a "deliberate course of carnival barking, market manipulation and insider trading" in order to defraud investors. In all, the complaint claims Musk had intentionally driven the price of Dogecoin up by over 36,000 percent over several years, and then let it crash.
This is, in fact, the third amendment of the lawsuit against Musk, originally filed last June. Musk is being sued for a total of $258 in damages. Musk's lawyers, who have not yet commented on the new amendment, have previously said the lawsuit was a "fanciful work of fiction."
Originally launched in 2013 by software engineers Billy Markus and Jackson Palmer as a fork (crypto lingo for copy) of another cryptocurrency called Litecoin, Dogecoin started as a joke but garnered a devoted following over the years. It's currently the ninth largest cryptocurrency according to CoinGecko, with a market cap of just over $10 billion.
Topics Elon Musk
13 gifts for people with acid reflux
Katy Perry joins Gayle King and Jeff Bezos' fiancee on rocket to space
Best Pokémon TCG deal: Get the 151 Booster Bundle at Best Buy
Is Slack down? Users report issues and server errors for the workplace messaging app
Language обыграла Rise в противостоянии второго дивизиона BetBoom Битва Чемпионов 2025
Economic Blackout on Feb. 28: Explaining the social media
NYT Connections hints and answers for February 27: Tips to solve 'Connections' #627.
NYT mini crossword answers for February 27, 2025
Как же она горяча — косплей на A2 из NieR: Automata
MotoGP 2025 livestream: Watch Thailand Grand Prix for free
For one beautiful night, #fartgate actually united all of Twitter
Best soundbars: Three picks to upgrade your TV setup
Stuff Your Kindle Day: How to get free contemporary fantasy books on Feb. 28
Razer Kishi V2 deal: Snag one for 50% off
Интервью с победителем конкурса косплея на Чемпионате стран БРИКС
Texas gator park says its animals are safe amid rising water
OpenAI GPT
Get a Smart AcousticPlus acoustic electric guitar for $199.99
On Threads, users say they're flooded with pro
Razer Blade 18 gaming laptop: Pre
New tool makes it easy to see which websites are in bed with FacebookNearly half of Americans who rely on YouTube for news watch independent channelsEverything coming to Netflix in October 2020Walmart begins trialing drone deliveries for atZoom catches up with new accessibility features for sign language interpretationGoogle's Plus Codes give every location in the world a digital addressAmazon One lets you pay at stores with the palm of your hand5 significant historyApple fixes iOS 14 bug that resets default browser and mail apps'The Fresh Prince of Bel GTA 6 trailer leaked on X / Twitter, forcing Rockstar Games to release an official version early Bose deals: Bose speakers and headphones on sale at Amazon Cincinnati Bengals vs. Jacksonville Jaguars 2023 livestream: Watch NFL for free Wordle today: The answer and hints for December 3 Governments can spy via smartphone push notifications, Apple and Google confirm ChatGPT gives longer responses if you 'tip it $200,' according to one user Meta Quest 3 is practically a Quest 3.5 now with this new update: 3 new features Windows 10 updates won’t be free after 2025 — here’s why iOS 17.2 boosts iPhone 15 Pro cameras and brings Qi2 wireless charging to older iPhones Threads rolls out hashtags, without the "#"
0.2315s , 14443.078125 kb
Copyright © 2025 Powered by 【"the power of massage" sex video】Enter to watch online.Elon Musk accused of manipulating Dogecoin price,
