A federal judge has ruled that a lawsuit challenging the influence of Dogecoin and Elon Musk over the U.S. government can proceed, rejecting the government's motion to dismiss the case. The lawsuit, filed by a group of Dogecoin investors, alleges that the cryptocurrency and Musk's public statements have unduly influenced government policies and regulatory decisions, potentially to the detriment of other investors and the broader financial market. The judge's decision allows the plaintiffs to move forward with their claims, arguing that there is sufficient evidence to suggest that Dogecoin and Musk's actions may have had an unconstitutional impact on government operations.
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https://www.wlrn.org/national-politics/2025-05-28/judge-rules-suit-challenging-doge-and-elon-musks-power-over-government-can-continue ]