In a terse two-page ruling, U.S. District Judge Alvin Hellerstein summarized the various claims Musk had made about Dogecoin on Twitter (now X). Those included that: "Dogecoin might be his favorite currency and that he had purchased some for his son, that Dogecoin is the people's crypto and the future currency of Earth, that Dogecoin might become the standard for the global financial system and the currency of the internet [and...] that Tesla vehicles could be bought with Dogecoin."
Even though Musk had praised Dogecoin to the moon, Hellerstein found his statements were no more than "puffery" - a word judges have used for more than a century to describe advertising claims intended to drum up hype, and that did not amount to serious promises.
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