"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Manhattan judge has permanently dismissed a lawsuit that alleged Elon Musk manipulated the price of Dogecoin. Plus, bitcoin slides below $60,000, and former FTX executive Ryan Salame's plea deal saga.A judge dismisses a suit against Elon Musk and an FTX executive will be back in court.
The judge said that Musk's statements were aspirational and puffery, not factual claims and thus no reasonable investor would rely on them. In 2022 investors accused Musk of using his Twitter following and an appearance on Saturday Night Live to influence the meme coins price and allegedly take profits on his suspected holdings at their expense. And Ryan Salem, the former FTX executive who was sentenced to 7.
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