FinancialRunhua
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Jinse Finance reported that Elon Musk (Elon Musk) denied having an encrypted wallet for Dogecoin transactions in a recent class action case. Previously, Dogecoin investors filed a class action lawsuit against Musk in Manhattan federal court, accusing him of implementing a pump-and-dump scheme and cashing out Dogecoins worth $95 million. The lawsuit claimed that Musk and Tesla owned digital assets. The wallet is related to the Dogecoin transaction between April 3rd and April 6th, when Musk replaced the Titter logo with the Dogecoin symbol, which caused the price of Dogecoin to soar by 30% in a short period of time. It is reported that Musk's lawyer Alex Spiro said: "The plaintiff clearly claims that the relevant wallet 'belongs' to the defendant (Elon Musk) without any basis. You are wrong."

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