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On June 18th, in response to the case that Musk was accused of participating in insider trading and price manipulation activities of Dogecoin in June last year, and harming retail investors, Musk’s lawyer Alex Spiro stated that Musk is not the so-called DOGE Whale, the allegations are baseless. In addition, the lawyer made it clear that there is nothing illegal about tweeting pro-dogecoin remarks or funny pictures.

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