Elon Musk is accused of insider trading by investors in Dogecoin lawsuit

Indonesia Berita Berita

Elon Musk is accused of insider trading by investors in Dogecoin lawsuit
Indonesia Berita Terbaru,Indonesia Berita utama
  • 📰 CNBC
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Twitter's blue bird logo with Dogecoin's Shiba Inu dog logo, leading to a 30% jump in Dogecoin's price.

Twitter's blue bird logo with Dogecoin's Shiba Inu dog logo, leading to a 30% jump in Dogecoin's price.

Musk bought Twitter last October. He also runs SpaceX, a rocket and spacecraft manufacturer, as well as Tesla, which makes electric cars. Investors have accused Musk, the world's second-richest person according to Forbes magazine, of deliberately driving up Dogecoin's price more than 36,000% over two years and then letting it crash.

In a Wednesday order, U.S. District Judge Alvin Hellerstein said he would "likely" allow the third amended complaint, saying the defendants would not likely be prejudiced.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

CNBC /  🏆 12. in US

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Elon Musk is accused of insider trading by investors in Dogecoin lawsuitElon Musk is accused of insider trading by investors in Dogecoin lawsuitElon Musk is being accused of insider trading in a proposed class action by investors accusing the Tesla Inc CEO of manipulating the cryptocurrency Dogecoin, costing them billions of dollars.
Baca lebih lajut »

Dogecoin investors accuse Elon Musk of insider trading in amended class-action lawsuitDogecoin investors accuse Elon Musk of insider trading in amended class-action lawsuitA group of Dogecoin investors have petitioned a U.S. court to amend a class-action lawsuit against Elon Musk for a third time.
Baca lebih lajut »

Elon Musk used SNL, other ‘publicity stunts’ to drive up dogecoin: lawsuitElon Musk used SNL, other ‘publicity stunts’ to drive up dogecoin: lawsuitA “deliberate course of carnival barking, market manipulation and insider trading” enabled Musk to defraud investors, promote himself and his companies, the filing said.
Baca lebih lajut »

Dogecoin Investors Accuse Elon Musk of Insider Trading in LawsuitDogecoin Investors Accuse Elon Musk of Insider Trading in LawsuitIn the latest crisis for the world’s richest man, investors in Dogecoin are alleging Elon Musk used insider trading to profit off the Shiba Inu-themed cryptocurrency at their expense.
Baca lebih lajut »

Twitter is now worth just 33% of Elon Musk’s purchase price, Fidelity saysTwitter is now worth just 33% of Elon Musk’s purchase price, Fidelity saysTwitter has struggled financially since Musk took over. After saddling the company with $13 billion of debt, Musk’s erratic decision making and challenges with content moderation led advertising re…
Baca lebih lajut »

Elon Musk's engagement on Twitter declined since takeover, data showsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Baca lebih lajut »



Render Time: 2025-03-01 15:24:15