Elon Musk Denies Owning Dogecoin Wallets Amid Lawsuit: What You Need to Know

Tesla CEO Elon Musk has denied allegations of owning Dogecoin wallets connected to insider trading amid an ongoing class action lawsuit. The lawsuit accuses him of market manipulation and securities fraud relating to the meme cryptocurrency.

Musk Refutes Dogecoin Wallet Ownership Claims

Billionaire mogul Elon Musk has denied allegations of owning Dogecoin (DOGE) wallets amid his ongoing class action lawsuit for market manipulation and securities fraud relating to the meme cryptocurrency. In response to the allegation, Musk says he does not own Dogecoin (DOGE) wallets linked to insider trading. He vehemently denies any involvement in dodgy Dogecoin trades.

Elon Musk, the billionaire mogul and CEO of Tesla, has refuted allegations of owning Dogecoin (DOGE) wallets amidst an ongoing class-action lawsuit accusing him of market manipulation.

Class Action Lawsuit Details

The ongoing class action lawsuit accuses Musk of manipulating the price of Dogecoin, leading to substantial losses for investors. The lawsuit accuses Musk of market manipulation and securities fraud. In detail, the CEO of Tesla refutes claims that he owns Dogecoin wallets linked to insider trading in the ongoing class action lawsuit. Specifically, the lawsuit accuses him of using his influence and online platform to artificially inflate Dogecoin's value.

Elon Musk's Stance

Elon Musk denied owning the crypto wallets allegedly used to make dodgy Dogecoin trades. Billionaire mogul Elon Musk has denied allegations of owning Dogecoin (DOGE) wallets amid his ongoing class action lawsuit for market manipulation and securities. However, according to court records, two wallets allegedly linked to insider trading are at the center of the dispute. Musk maintains he has no connection to these wallets.

The situation remains ongoing, and further legal proceedings are expected. We will continue to update this story as more information becomes available.