Elon Musk and his legal team are pursuing the dismissal of the long standing DOGE lawsuit.
The lawsuit might serve as a major upside for the memecoin is dismissed.
The legal team of Tesla’s Chief Executive Officer (CEO) Elon Musk is seeking the dismissal of the lawsuit between the billionaire and a group of disgruntled Dogecoin (DOGE) investors, citing the fact that the matter has lingered for too long.
As a result, Musk’s lawyer, Alex Shapiro has filed a motion of dismissal with a New York federal court. In a letter supporting the motion, Shapiro described the complaint as an “abusive and belligerent litigation tactic” from the opposing counsel, adding that “Enough is enough.”
As is well known, X (formerly Twitter) owner Elon Musk is a significant player in the DOGE ecosystem and the market is undeniably heavily influenced by the tweets which he constantly shares. Riding on his influence, Musk has earned himself the nickname “Doge Father.”
As a leading memecoin in the
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