Elon Musk’s Top Lawyer Drops DOGE Price Manipulation Case

The attorney in question, Adam Gabor Mehes, on the verge of resigning, indicated his intention to withdraw as counsel in Musk’s $258 billion lawsuit related to alleged Dogecoin (DOGE) market manipulation.

Before this development, Mehes had been actively embroiled in numerous legal proceedings involving Musk.

In response, Tesla’s legal team has asked the court to appoint Allison Huebert, a former litigator at Quinn Emanuel, to represent the company in the DOGE market manipulation case.

In June this year, Musk refuted allegations that he was a “Dogecoin whale.” Notably, Musk was accused of manipulating the price of Dogecoin to the detriment of retail investors in June of the previous year.

Musk has consistently denied allegations of market manipulation and insider trading regarding the meme coin. After his appearance on NBC’s Saturday Night Live, a group of DOGE investors asserted he used his social media accounts to manipulate the market.

Musk’s legal counsel has defended his tweets as harmless and argued they did not impact the market.

 “There is nothing illegal about posting support on Twitter or sharing funny photos of a cryptocurrency with a market capitalization of nearly $10 billion. The court should end the plaintiff’s imagination and dismiss the claim complaint,” Musk’s lawyers wrote.

Recently, another attorney for Musk, Alex Shapiro, refuted claims that the billionaire possesses multiple digital wallets containing millions of dollars worth of Dogecoins.