As Dogecoin (DOGE) continues to rise with the wind of Twitter, eyes were turned to the mysterious wallet that once held $24 billion DOGE.
After Twitter, the social media platform owned by Elon Musk, replaced its logo with the Dogecoin logo. speculations continues to increase. Elon Musk has spoken many times over the past years. Charged with manipulating DOGE price and even a class action lawsuit was filed against him for this reason. Aforementioned $258 billion One of the prominent elements of the class action “DH5ya” starting with and 2021 of the year May per month $24 billion DOGE It was the wallet holding it.
The plaintiffs claimed that the wallet belonged to Elon Musk, while claiming that he made billions of dollars in profit with manipulative rhetoric. Elon Musk last week friday from Manhattan federal court $258 billion demanded the dismissal of the class action and denied the allegations in the petition filed through his lawyers, the US-based investment platform of the said wallet. RobinhoodHe stated that it belonged to The Robinhood front did not comment on the subject.
According to Dogecoin Whale Alert data, it is already in the main wallet Robinhood uses to consolidate DOGE assets. 3.3 billion dollars worth of DOGE, and the company doesn’t seem to have any official ties to the DH5ya wallet.
According to on-chain data, this wallet, which once held $24 billion DOGE, is now only about approx. 5 thousand dollars worth 50 thousand DOGEs exists. filed against Elon Musk ponzi and manipulation case no decision has yet been made. The plaintiffs still insist that the wallet in question belongs to Elon Musk and they have it. some symbolic evidence exists. However, only time will tell if this symbolic evidence will be enough to incriminate one of the richest people in the world.
released as a meme token and CoinGecko According to data, currently the cryptocurrency market is 8. during positioned DOGEin the last 24 hours 2.2% depreciated and while typing from $0.097 is being traded.