New Court Filing Claims Elon Musk Used “Bottomless War Chest” for Harassment in Dogecoin Lawsuit
The plaintiffs in the Dogecoin (DOGE) lawsuit against Elon Musk are accusing the billionaire of funding a harassment campaign against them. According to attorney Evan Spencer, who represents the plaintiffs, Musk and his lawyer Alex Spiro are using unlawful tactics to discredit them.
Key Points:
– Spencer claims that Spiro attacked his competency as a lawyer and leaked a private letter between them to the New York Post.
– The letter, which claimed that the accusations against Musk were baseless, was subsequently spread to other media outlets.
– Spencer believes that the leaked letter was provided to the Post by Musk’s defense counsel or someone acting on their behalf.
– In late June, Spencer attempted to remove Spiro as Musk’s lawyer, citing ethics violations.
– The lawsuit was originally filed in June 2022 by a group of investors who allege that Musk manipulated the price of DOGE, causing them financial losses.
Hot Take:
Elon Musk’s involvement in the Dogecoin lawsuit continues to be contentious, with new court documents revealing allegations of a “bottomless war chest” being used to fund a harassment campaign against the plaintiffs. The accusations of unlawful tactics and leaked letters only add fuel to the fire. This ongoing legal battle highlights the complexities and controversies surrounding cryptocurrency and its high-profile figures. As the case unfolds, it will be interesting to see how the court addresses these allegations and what impact it may have on the future of both Dogecoin and Elon Musk’s reputation.