Fast execution, robust charts, clean risk controls.
👉 Open account →
COINOTAG recommends • Exchange signup
🚀 Smooth orders, clear control
Advanced order types and market depth in one view.
👉 Create account →
COINOTAG recommends • Exchange signup
📈 Clarity in volatile markets
Plan entries & exits, manage positions with discipline.
👉 Sign up →
COINOTAG recommends • Exchange signup
⚡ Speed, depth, reliability
Execute confidently when timing matters.
👉 Open account →
COINOTAG recommends • Exchange signup
🧭 A focused workflow for traders
Alerts, watchlists, and a repeatable process.
👉 Get started →
COINOTAG recommends • Exchange signup
✅ Data‑driven decisions
Focus on process—not noise.
👉 Sign up →
Elon Musk’s lawyers are urging for an end to an ongoing legal process, citing unnecessary prolongation.
Claims against Musk include market manipulation and insider trading, particularly related to Dogecoin.
Musk’s legal team denies any wrongdoing, stating that there is no illegality in tweeting support for a cryptocurrency.
Elon Musk’s attorneys have requested a halt to an ongoing legal process, arguing that it has been unnecessarily extended. The claims against Musk include allegations of market manipulation and insider trading, particularly in relation to Dogecoin. Musk’s legal team, however, refutes these allegations, asserting that there is no illegality in expressing support for a cryptocurrency on social media.
Elon Musk’s Lawyers Call for End to Legal Proceedings
Elon Musk, the CEO of Tesla, SpaceX, and X, is currently embroiled in a legal tussle that his attorneys argue has been unduly drawn out. In a recent court filing, Musk’s lawyers requested the dismissal of the plaintiff’s latest allegations, citing fatigue from the constant changes to the complaint.
Allegations of Market Manipulation and Insider Trading
COINOTAG recommends • Professional traders group
💎 Join a professional trading community
Work with senior traders, research‑backed setups, and risk‑first frameworks.
👉 Join the group →
COINOTAG recommends • Professional traders group
📊 Transparent performance, real process
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing.
👉 Get access →
COINOTAG recommends • Professional traders group
🧭 Research → Plan → Execute
Daily levels, watchlists, and post‑trade reviews to build consistency.
👉 Join now →
COINOTAG recommends • Professional traders group
🛡️ Risk comes first
Sizing methods, invalidation rules, and R‑multiples baked into every plan.
👉 Start today →
COINOTAG recommends • Professional traders group
🧠 Learn the “why” behind each trade
Live breakdowns, playbooks, and framework‑first education.
👉 Join the group →
COINOTAG recommends • Professional traders group
🚀 Insider • APEX • INNER CIRCLE
Choose the depth you need—tools, coaching, and member rooms.
👉 Explore tiers →
Despite the pleas from Musk’s legal team, the plaintiff’s attorney, Evan Spencer, continues to level accusations against Musk. Spencer alleges that Musk has been deliberately and recklessly manipulating the market and engaging in insider trading. He points to Musk’s frequent tweets about Dogecoin as evidence of this behavior, and claims that these tweets are the reason for the changes in the complaint.
Musk’s Legal Team Denies Wrongdoing
Elon Musk on Bitcoin
In response to these allegations, Musk’s attorney, Spiro, has stated that there is no illegality in tweeting support for a cryptocurrency. He further denies any connection between Musk and the digital wallets selling Dogecoin. Musk has been known to tweet about Bitcoin and Dogecoin over a long period, from 2019 to the 2021 bull season, and his tweets have had a significant impact on the market.
COINOTAG recommends • Exchange signup
📈 Clear interface, precise orders
Sharp entries & exits with actionable alerts.
👉 Create free account →
COINOTAG recommends • Exchange signup
🧠 Smarter tools. Better decisions.
Depth analytics and risk features in one view.
👉 Sign up →
COINOTAG recommends • Exchange signup
🎯 Take control of entries & exits
Set alerts, define stops, execute consistently.
👉 Open account →
COINOTAG recommends • Exchange signup
🛠️ From idea to execution
Turn setups into plans with practical order types.
👉 Join now →
COINOTAG recommends • Exchange signup
📋 Trade your plan
Watchlists and routing that support focus.
👉 Get started →
COINOTAG recommends • Exchange signup
📊 Precision without the noise
Data‑first workflows for active traders.
👉 Sign up →
Conclusion
As the legal proceedings continue, it remains to be seen how the court will rule on the allegations against Musk. His tweets about cryptocurrencies, particularly Dogecoin, have certainly stirred controversy and drawn the attention of legal authorities. However, whether these tweets constitute market manipulation and insider trading is a question that only the court can answer.