President Donald Trump and Elon Musk's DOGE Sued Shortly After Inauguration

Politics and Government Politics and Government

Mon, January 20, 2025

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President Donald Trump and Elon Musk's DOGE Sued Shortly After Inauguration

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President Donald Trump and Elon Musk's DOGE Sued Shortly After Inauguration

^{Published on 2025-01-20 16:40:44 - MSN}

President Donald Trump's new Department of Government Efficiency, also known as DOGE, has already been hit with lawsuits mere minutes after he was inaugurated as the 47th POTUS. One group known as the National Security Counselors sued DOGE for allegedly violating the Federal Advisory Committee ACT (FACA),

The article from MSN discusses a lawsuit filed against former President Donald Trump and Elon Musk shortly after Trump's inauguration in 2017. The lawsuit, initiated by a group of Dogecoin investors, claims that Trump and Musk, along with other defendants, engaged in a scheme to manipulate the cryptocurrency market, specifically targeting Dogecoin. The plaintiffs allege that through various public statements and actions, Trump and Musk artificially inflated Dogecoin's value, leading to significant financial losses for investors when the price eventually crashed. The suit highlights Musk's tweets and Trump's endorsement of cryptocurrencies as key factors in the alleged manipulation. This legal action adds to the scrutiny both figures have faced regarding their influence on financial markets and their public endorsements of digital currencies.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/news/politics/president-donald-trump-and-elon-musk-s-doge-sued-shortly-after-inauguration/ar-AA1xxBf7 ]

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