Musk's lawyers called Dogecoin 'a legitimate cryptocurrency' and the lawsuit, Johnson v. Musk et al., a 'fanciful work of fiction.'
In Johnson v. Musk et al., filed in the Southern District of New York federal court, Musk’s lawyers filed a formal motion to dismiss this past Friday in regards to the racketeering lawsuit the tech mogul currently faces for his involvement in promoting the cryptocurrency Dogecoin.Musk’s lawyers are arguing that the lawsuit is rubbish—more specifically, that the plaintiffs never actually described how Musk’s statements in favor of Dogecoin defrauded anyone, or what risks Musk hid from investors.
“The Complaint is a fanciful work of fiction that fails to state any actionable claim against Defendants Elon Musk and Tesla and must be dismissed in its entirety with prejudice,” Musk’s lawyers wrote in a memorandum related to the motion to dismiss, filed on Friday evening in Manhattan court. “Mr. Musk posted innocuous and often silly tweets about a cryptocurrency called ‘Dogecoin.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Elon Musk broke law with tweet about Tesla stock options, court rulesInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »
Elon Musk Seeks Dismissal of Dogecoin (DOGE) Pyramid Scheme AccusationsElon Musk is seeking to dismiss a massive $258 billion class-action lawsuit that accuses him, Tesla, and the Dogecoin Foundation of committing fraud by promoting the cryptocurrency on social media
Leer más »
News organizations aren't going to pay Elon Musk for Twitter BlueNews organizations say they won't pay for Elon Musk's Twitter Blue because 'verified checkmarks no longer represent authority and expertise'
Leer más »
Celebrities, media, White House, refuse to pay for Elon Musk’s Twitter BlueTwitter's strategy of moving to a fully-paid verified account system is receiving resistance from celebrities, athletes, news outlets, and even the White House.
Leer más »
Elon Musk, critics of 'woke' AI tech set out to create their own chatbotsCritics such as Elon Musk, who slammed OpenAI's GPT-4 for 'woke' liberal bias, are on a mission to create their own version of artificial intelligence chatbots.
Leer más »
Did Elon Musk Add a Pop Sound to Twitter's 'Like' Button?A tweet with the claim attracted over 26,000 likes and over 821,000 views as of this writing.
Leer más »