Business

Elon Musk Asks to Drop $258 Billion Dogecoin Lawsuit: Cointelegraph Report


© Reuters

Elon Musk and his lawyers reportedly asked a US judge to dismiss a $258 billion lawsuit filed by investors who accused him of operating a pyramid scheme. to promote cryptocurrencies (doge).

According to to an April 1 Reuters report, lawyers for Elon Musk stated that the lawsuit against Musk — submitted by Dogecoin investors June 2022 — is a “work of fanciful fiction” in Manhattan federal court on March 31.