Elon Musk’s appointment of the Shiba Inu dog as a mascot for the Department of Government Efficiency and his ongoing support for Dogecoin have influenced both the cryptocurrency’s market activity and legal scrutiny of his promotional activities.
Xu LinUS District Judge Alvin Hellerstein said Musk’s tweets about Dogecoin were "aspirational and puffery, not factual and susceptible to being falsified."
DanteElon Musk and Tesla won a $258 billion lawsuit claiming Musk manipulated Dogecoin's price through tweets. The judge dismissed the case, ruling that Musk's statements were just "aspirational puffery" and not reliable financial advice.
JoyElon Musk’s reaction to a potential cabinet role offered by Donald Trump has led to a notable 6% rise in Dogecoin’s price. The excitement reflects broader market trends and heightened attention in the context of the upcoming U.S. elections.
EdmundX's new payment feature development raises speculation about Dogecoin integration, especially given Elon Musk's support for the meme coin.
EdmundThe X platform is developing a payment feature, raising speculation about Dogecoin's inclusion. Elon Musk's support for Dogecoin and the absence of confirmation leaves the community in suspense.
WenJunElon Musk addresses the misuse of his image in AI deepfake scams, urging caution among investors and clarifying his stance on cryptocurrency promotion.
WenJunThe arrival of Neiro, the new Shiba Inu, has sparked a craze in the meme coin market, and despite the Kabosu owner clarifying the copyright ownership, the market reaction is still strong. Investors should remain cautious and make decisions after thorough research.
WenJunWenJunThe U.S. Securities and Exchange Commission (SEC) issued a warning to UniSwap Labs on Wednesday, saying it may file an enforcement action against the company.
JinseFinanceCoinbase sues SEC over rejected petition, signalling heightened legal tensions in the crypto industry.
SanyaEarlier this year, regulatory authorities in the United States initiated legal action against Gemini and Genesis Global Capital, accusing them of engaging in the trading of unregistered securities via the Gemini Earn crypto asset lending initiative.
BrianThe U.S Securities and Exchange Commission (SEC) is reportedly asking a federal judge to pay...
dailyhodlMere days after Coinbase went on the attack, Bittrex followed suit.
cryptopotatoRipple Labs has announced a new president as the U.S. Securities and Exchange Commission’s (SEC) lawsuit against the payments platform nears a conclusion.
dailyhodlIf the regulator is successful in this case, it might have very negative repercussions for XRP, its investors, and the cryptocurrency sector as a whole.
FinboldXRP rallied 10% after the ruling was announced.
BeincryptoIn the ongoing legal case between the SEC and Ripple Labs, the commission declared XRP as a security.
BitcoinistAs the case against Ripple rages on, the SEC wants to see certain “friends of the court” in support of Ripple be barred from providing legal aid to the defense.
Cointelegraph