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Fri, February 14, 2025
[ Fri, Feb 14th ] - Forbes
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Judges to consider barring Musk's DOGE team from government systems


Published on 2025-02-14 06:20:40 - MSN
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  • Two federal judges will consider on Friday whether Elon Musk's government cost-cutting team known as DOGE will have access to Treasury Department payment systems and potentially sensitive data at U.S.

The article discusses a legal challenge where judges are considering whether to bar Elon Musk's Dogecoin team from accessing government systems. This stems from a lawsuit filed by Dogecoin investors against Musk, alleging that he manipulated the cryptocurrency's market through his social media posts. The investors claim that Musk's tweets, which often include memes and endorsements of Dogecoin, artificially inflated its value, leading to significant financial losses when the price eventually dropped. The case has raised concerns about the influence of high-profile individuals on cryptocurrency markets and the potential for market manipulation. The judges' decision could set a precedent for how celebrity endorsements and social media influence are treated in legal contexts related to cryptocurrencies.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/news/politics/judges-to-consider-barring-musk-s-doge-team-from-government-systems/ar-AA1z2T1U ]