Elon Musk and Doge

in #crypto6 months ago

So Elon Musk is facing $258 billion racketeering lawsuit claiming he has been running a ponzi to support Dogecoin.

His lawyers have asked the Manhatten federal court to throw the lawsuit out, saying that Musk's "innocuous and often silly tweets" about Dogecoin did not amount to market manipulation.

His tweets said things like "Dogecoin Rulz".

To make his point, he's just changed the Twitter logo to the Doge dog:


Here's what happened to the Doge price when the logo changed:


The judge now needs to decide if this is just a prank protected under free speech, or market manipulation (especially as Musk apparently no longer owns Doge).


Congratulations @teatree! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You received more than 3000 HP as payout for your posts, comments and curation.
Your next payout target is 4000 HP.
The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Check out our last posts:

Our Hive Power Delegations to the March PUM Winners
Feedback from the April Hive Power Up Day
Hive Power Up Month Challenge - March 2023 Winners List
The Hive Gamification Proposal
Support the HiveBuzz project. Vote for our proposal!