ChainCatcher news, according to Decrypt, Elon Musk’s lawyer Alex Shapiro filed a motion to dismiss the Dogecoin (DOGE) insider trading class action lawsuit filed by Dogecoin investors against Musk.
The lawyer said it is not illegal to post pro-cryptocurrency remarks or funny pictures about cryptocurrencies on Twitter. The accusations are based on the sale of Dogecoin from digital wallets that have no factual connection to Musk or Tesla. The lawsuit, originally filed last June, accused Musk of market manipulation and insider trading in Dogecoin and sought $258 billion in damages.