Plaintiff Lawyers in Elon Musk Dogecoin Lawsuit Demand Removal of Leaked Letter

Plaintiff Lawyers in Elon Musk Dogecoin Lawsuit Demand Removal of Leaked Letter


Attorneys representing investors who are accusing Elon Musk and Tesla of defrauding them are trying to remove Musk’s legal counsel due to a leaked letter. The plaintiffs’ lawyer, Evan Spencer, filed a motion to disqualify the legal representatives of Musk and Tesla after a private letter between them was made public. Spencer alleges that an attorney from Quinn Emanuel Urquhart & Sullivan, the law firm representing Musk, leaked the letter to The New York Post, which violates ethics rules and poses a risk of trial taint. In the leaked letter, the attorney denies the accusation that Musk owned a Dogecoin wallet and claims that the evidence against him is circumstantial. Spencer accuses the attorney of lying to the media and attacking his character. The lawsuit against Musk was initially filed in June 2022, with investors claiming losses due to Musk manipulating the price of Dogecoin. The plaintiffs recently amended their claim, alleging that Musk used his Twitter and other methods to influence the price of Dogecoin for personal gain. They also claim that Musk sold $124 million worth of Dogecoin after its price surged.

Continue reading on Dailyhodl.com