NEW YORK, June 1 (Reuters) - Elon Musk is being accused of insider trading in a proposed class action by investors accusing the Tesla Inc (TSLA.O) CEO of manipulating the cryptocurrency Dogecoin, costing them billions of dollars. A "deliberate course of carnival barking, market manipulation and insider trading" enabled Musk to defraud investors, promote himself and his companies, the filing said. The investors' lawyer did not immediately respond to requests for comment. They included their latest accusations in a proposed third amended complaint, in a lawsuit that began last June. The case is Johnson et al v. Musk et al, U.S. District Court, Southern District of New York, No.

Source: Forbes June 01, 2023 15:37 UTC