Lawyers for the Dogecoin plaintiffs do not budge, despite Elon Musk’s denial. The case, which has been going on for a few days, has caused a lot of ink and saliva to flow. And even if the CEO of Twitter denies the charges against him, Evan Spencer is on a mission to bring the case to completion. He returns this time to the front of the stage with a motion of disqualification which should make the opposing party react.
Lawyers for Dogecoin plaintiffs launch motion to disqualify Musk and Tesla
Lawyers for Dogecoin plaintiffs induce new motion to disqualify Elon Musk and his lawyers. Much of this motion revolves around a article appeared in the New York Post, which, in turn, relies on the June 9 letter introduced by Alex Spiro, Musk’s defense attorney.
Indeed, Evan Spencer of Evan Spencer Law accuses him of having violated many rules of ethics by disclosing this letter. Not only is Spiro interfering with Spencer’s dealings with his clients, but this attitude demonstrates a potential risk of corruption in the trial. Regarding this letter, it mentions the threats of demands for sanctions against Spencer for having filed a complaint with unfounded allegations.
Why such a relentless attack on the CEO of Twitter?
Elon Musk is known for his daring outings that are not always unanimous. This time, the promoter par excellence of the Dogecoin is the subject of a class action which accuses him of having used his influence to scam the holders of the tokens.
How ? His actions would have propelled the price of DOGE at 0.10 dollars and a whale would have taken advantage of this massive increase to make movements of 1.4 billion tokens. However, Alex Spiro denies all the charges against his client while Evan Spencer firmly believes that Musk used his Twitter account to manipulate the crypto market.
In his letter of June 9, Alex Spiro threatens Spencer with demands for sanctions because according to him, neither Tesla nor its CEO have sold Dogecoin. For his part, Evan Spencer sticks to his positions and in addition to accusing Elon Musk of insider trading, demands the disqualification of Spiro because of his interference in his relations with his clients. How will Tesla and Musk react to this new challenge?
Receive a digest of news in the world of cryptocurrencies by subscribing to our new service of daily and weekly so you don’t miss any of the essential Tremplin.io!
