DOGE Depositions Stay Public Amid Legal and Market Turbulence

Legal Clarity Allows DOGE Depositions to Remain Public

A federal court ruling on March 23, 2026, granted scholarly and arts groups the right to keep online video depositions of former DOGE employees, Justin Fox and Nate Cavanaugh. The videos, which initially were removed due to harassment concerns, were deemed of “strong public interest” by Judge Colleen McMahon of the U.S. District Court for the Southern District of New York. The depositions highlighted the use of AI tools like ChatGPT to identify grants linked to diversity, equity, and inclusion (DEI) programs—actions central to DOGE’s mission of cutting government spending. The ruling underscores the ongoing legal and political scrutiny of the Trump administration’s efficiency-driven reforms and the controversial role of Elon Musk in leading the DOGE initiative.

DOGE Regulatory Clarity Emerges as Market Reacts

On the same day, House of Doge, the corporate entity behind the Dogecoin Foundation, welcomed new U.S. regulatory guidance from the SEC and CFTC. The guidance clarified that not all digital assets are classified as investment contracts, a key distinction that supports Dogecoin’s growing utility over speculation. House of Doge emphasized its mission to integrate DOGE into everyday financial systems, including payment cards, peer-to-peer transfers, and merchant acceptance, aligning with the SEC’s broader recognition of digital assets that function more like commodities. This move is expected to bolster confidence among developers and partners working on DOGE-based financial infrastructure.

Market Activity Reflects Mixed Sentiment

Despite the regulatory optimism, DOGE’s price dropped 0.4% within 24 hours as of March 23, 2026, reaching $0.09364. Over the past seven days, the price rose slightly by 0.26%, but it has declined by 0.29% in the last month and by 20.17% in the past year. Kraken traders, however, demonstrated strong buying interest, accumulating 4.5 million DOGE worth approximately $407,450 in just 12 hours. This activity, alongside similar purchasing on platforms like Bitget and Coinbase, suggests that some investors view the current price as a potential bottom.

The broader crypto market also saw increased volatility, with meme coins like DOGE, SHIB, and PEPE facing downward pressure. Analysts noted waning social media engagement and investor fear as key factors influencing the sell-off. Despite the near-term bearish outlook, DOGE remains supported at the $0.088 level, a critical threshold for traders anticipating a short-term rebound ahead of the Qubic network stress test on April 1.

Legal Challenges Persist for DOGE’s Leadership

Legal battles involving DOGE continue to unfold, with another federal judge in Washington allowing a lawsuit to proceed against Elon Musk over his alleged unconstitutional influence as a Trump administration advisor. The case, brought by nonprofit organizations, accuses Musk of playing an excessively large role in federal budget cuts and mass firings. This follows a separate ruling allowing the same judge to require the Justice Department to locate phone numbers used by Musk during his time in government, raising concerns about the preservation of public records.

As DOGE remains at the center of both legal and financial discussions, the market and judiciary continue to weigh its evolving role in public policy and digital finance. With regulatory clarity emerging and legal scrutiny intensifying, the path forward for DOGE will depend on the resolution of ongoing legal disputes and the broader adoption of its utility-focused roadmap.