Elon Musk’s Twitter-to-Doge logo switch raised as evidence in lawsuit
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New facts and evidence concerning Elon Musk’s crypto trading and promotional activity were highlighted in an amended legal case on May 31. The latest filing brings forward new evidence of Musk’s alleged market manipulation. Twitter logo stunt highlighted Plaintiffs note in the filing that Musk briefly replaced Twitter’s bird logo with the Dogecoin logo. This coincided with DOGE prices rising 30% and then falling after the original logo was restored. That logo change occurred in April 2023, not in April 2022, as the case filing suggests. It nevertheless correlated with significant market changes, as claimed. The filing also claims that
Recently, a revealing conversation between CryptoQuant CEO Ki Young Ju and Grok, an advanced AI developed by xAI, shed light on the relationship between X (formerly Twitter) and cryptocurrencies, particularly Dogecoin (DOGE). Developed under the guidance of Elon Musk, Grok emerged as a response to the growing influence of OpenAI’s…