Elon Musk is being accused of insider trading in a proposed class action by investors accusing the Tesla CEO of manipulating the cryptocurrency Dogecoin, costing them billions of dollars.
In a Wednesday night filing in Manhattan federal court, investors said Musk used Twitter posts, online influencers, his 2021 appearance on U.S. TV program "Saturday Night Live" and other "publicity stunts" to trade profitably at their expense through several Dogecoin wallets that he or Tesla controls.