The lawsuit involving accusations against Elon Musk and Tesla of manipulating Dogecoin's price is nearing a conclusion. Investors have opted to withdraw their appeal following an earlier dismissal of the case.
Elon Musk, the CEO of Tesla and one of the world's wealthiest individuals, was accused of engaging in fraudulent activities concerning Dogecoin. However, with the withdrawal, both Musk and Tesla are now cleared.
The original dismissal judged on August 29, played a pivotal role in highlighting the lack of substantial evidence against Musk and Tesla regarding the manipulation of the cryptocurrency's value.