Tesla CEO #ElonMusk is currently embroiled in a legal dispute with a number of irate #Dogecoin investors, and on Monday, his attorneys argued that the case has been dragged out far too long.
What took place: In a move submitted to a federal court in New York, Musk's legal representative asked that the plaintiff's updated complaint be dismissed.
Musk's attorney, Alex Shapiro, severely slammed the most recent complaint filed on behalf of the Dogecoin investors in a letter supporting the dismissal, calling it an illustration of "abusive and confrontational litigation techniques" from the opposing counsel.
Shapiro wrote, "Enough is enough."
In June, the complaint in the class-action lawsuit against Musk under Evan Spencer's direction underwent a third revision that included the addition of new charges.
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What's Important: The case, which was initially filed in June of the year prior and sought a staggering $258 billion in damages, claims Musk of participating in market manipulation, insider trading, and a planned course of action using Cryptocurrency.
Musk's passion for Dogecoin has been well-documented over the years, beginning with his original tweet in April 2019 suggesting that Dogecoin might be his preferred #cryptocurrency .
His enthusiasm for Dogecoin has became much stronger since he acquired Twitter. Around April Fools Day, Twitter momentarily changed its logo to feature the Shiba Inu mascot of Dogecoin, which generated a lot of media attention.
Price movement: According to Benzinga Pro, #DOGE was trading at $0.074 at the time of writing, up 1.6% over the previous day.
