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Elon Musk’s Lawyers Move to Dismiss “Frivolous” Dogecoin Fraud Case

Attorneys representing Tesla CEO Elon Musk are calling for a judge to dismiss a multi-billion dollar case accusing the celebrity entrepreneur of insider trading with Dogecoin (DOGE) against his online followers. The lawyers say the accusations should be dismissed with prejudice, barring plaintiffs from continuing to burden the judicial system with additional accusations based on Musk’s Twitter activity. Elon Musk’s ‘Silly Tweets’ In a letter filed in a New York federal court...

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Tesla’s Master of Coin Resigns as CFO

Zachary Kirkhorn, who served as chief financial officer at Tesla, stepped down after staying in the position for the last four and a half years. He will remain part of the company until the end of 2023 to help transition the new CFO. Kirkhorn earned the nickname “Master of Coin” in 2021, shortly after the electric vehicle giant splashed the waters with its whopping $1.5 billion bitcoin purchase.  Changes in Tesla’s Management Team Kirkhorn (who joined Tesla in 2010) will be...

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Robert Kennedy Jr. Believes Bitcoin and Blockchain Will Be Extremely “Useful”

Democrat presidential candidate Robert Kennedy Jr. commented in an interview that he thinks bitcoin and blockchain will be very “useful” applications. Robert Kennedy Believes in the Power of Bitcoin He stated: The blockchain technology that’s coming out of bitcoin will be very useful. He was also quick to praise Elon Musk – the South African billionaire behind mega companies like Tesla and SpaceX – and Jack Dorsey, the former CEO of Twitter. Continuing his...

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Goodbye Twitter: How Elon Musk Plans the Transition to X

While Twitter’s sudden rebranding to X has caught many by surprise, it seems Elon Musk has had a radical transformation for the platform in mind for a while. Here’s what we know about how he plans to change the old “Twitter” – and what it might mean for crypto. Baking In Financial Services In a tweet published on Tuesday, Musk said that Twitter was acquired by X Corp. both to accelerate X’s growth and to “ensure freedom of speech,” one of the billionaire’s primary commitments...

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Dogecoin (DOGE) Pumps 10% As Elon Musk Links Memecoin To X

Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”. Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Dogecoin and X Musk reposted a nine-second animated graphic of the platform’s new “X” logo. The animation itself was sourced from DogeDesigner – the UX/UI & Graphic Designer at Dogecoin & MyDoge Inc. pic.twitter.com/dxbsqwcYv7...

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