<ul><li>Elon Musk has asked a US judge to dismiss a $258-billion racketeering lawsuit accusing him of running a pyramid scheme to inflate Dogecoin's price.</li><li>Musk's lawyers have called the lawsuit a "fanciful work of fiction" and argued that his statements supporting Dogecoin, such as "Dogecoin Rulz" and "no highs, no lows, only Doge," were too vague to support a fraud claim.</li><li>The lawsuit alleges that Musk's promotion of Dogecoin was part of a larger scheme to artificially inflate its price and defraud investors.</li></ul>

Elon Musk seeks to end $258-bn suit alleging he inflated Dogecoin price

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