“Enough is enough.. This complaint is yet another example of plaintiffs’ counsel’s abusive and belligerent tactics during the litigation,” Alex Spiro, the billionaire’s lawyer, explained the motion.
Lead class action attorney Evan Spencer has amended the text of the lawsuit for the third time, adding new arguments for the prosecution. The authors of the class action lawsuit are seeking $258 billion in damages and accuse Musk of “market manipulation and insider trading” in the meme token.
The lawsuit cites digital wallets allegedly owned by Musk and Tesla that are linked to the April 3-6 transactions. Just then, the Musk-owned social network Twitter changed its bluebird logo to the Dogecoin symbol, the Shiba Inu dog from the meme.
“There is nothing illegal about tweeting words of encouragement or funny photos about cryptocurrency,” Musk’s lawyers respond to the lawsuit.
Meanwhile, the Tesla and SpaceX CEO says he does not own the cryptocurrency wallets allegedly used for DOGE cryptocurrency transactions.