Musk's lawyer: The accusation that Musk participated in insider trading of Dogecoin and held a whale wallet is baseless

ChainCatcher news, Musk denied the "whale" allegations involving Dogecoin in a letter. Musk's lawyer stated that the plaintiff incorrectly associated Musk with a specific wallet and insisted that the allegations are "baseless." Furthermore, the lawyer clearly pointed out that posting supportive comments about the market cap of Dogecoin or humorous images on Twitter does not involve any illegal activities.

ChainCatcher previously reported that Musk was accused of participating in insider trading and price manipulation activities related to Dogecoin, harming retail investors. (source link)