According to the "New York Post" report, Elon Musk (Elon Musk) denied possession of the Dogecoin wallet related to insider trading, and his lawyer Alex Spiro told the plaintiff's lawyer, "You clearly and without basis claim that the following wallet" Of the "defendant", "the only basis for your claim is that, according to the third amended complaint, this wallet sold Dogecoin when the price rose". Foresight News previously reported that on June 2, according to Reuters, according to Manhattan federal court documents, Elon Musk was accused of insider trading in a proposed class action, investors accused him of using Twitter, paid KOL, " "Saturday Night Live" and other publicity stunts manipulated Dogecoin, costing it billions of dollars. Investors said Musk sold about $124 million in Dogecoin after he swapped Twitter’s blue bird logo for a Shiba Inu in April, leading to a 30 percent rise in Dogecoin. Judge Alvin Hellerstein also granted the investor’s request to dismiss the non-profit Dogecoin Foundation as a defendant.