Investors said when Musk sold about $124 million of Dogecoin in April after he replaced Twitter's blue bird logo with Dogecoin's Shiba Inu dog logo News 

Lawsuit Alleges Elon Musk Engaged in Insider Trading with Dogecoin

Elon Musk has been accused of insider trading in a proposed class action lawsuit in which investors accuse the Tesla Inc. CEO of manipulating the cryptocurrency Dogecoin, costing them billions of dollars. In a lawsuit filed Wednesday night in Manhattan federal court, investors said Musk used Twitter posts, paid online influencers, his 2021 appearance on NBC’s “Saturday Night Live” and other “hype business” to profitably trade their accounts through multiple From Dogecoin wallets. Tesla controllers. Investors said this also included Musk selling about $124 million worth of Dogecoin in April…

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