Musk and Tesla successfully dismissed a lawsuit accusing them of manipulating the Dogecoin
According to TechFlow, Judge Alvin Hellerstein in the Southern District Court of New York dismissed a lawsuit on August 29 against Elon Musk and Tesla of defrauding investors by hycryptocurrency Dogecoin and insider trading, causing billions of dollars in losses, Reuters reported.

The judge said Musk's Twitter account that Dogecoin was the future currency of the planet that could be used to buy a Tesla car or be sent to the moon by the SpaceX was an "ambitious exaggeration, rather than a verifiable fact." Therefore, rational investors should not rely on these tweets to file securities fraud claims