The lawsuit against Elon Musk concerning Dogecoin has officially ended as the investors opted to withdraw their appeal. This decision follows the earlier dismissal of the case, which accused Musk of engaging in fraudulent activities and insider trading linked to Dogecoin.
The investors' decision to call off the appeal also includes a request to lift any associated sanctions targeting Musk's legal representatives. Consequently, this development signifies a comprehensive resolution of the legal dispute.
This outcome comes after months of legal proceedings where Musk faced allegations over his influence on Dogecoin's market value, primarily through his public statements and tweets.