A new cryptocurrency lawsuit has been filed for Elon Musk, Tesla and SpaceX. One Dogecoin investor stated that “a transaction through cryptocurrency crypto pyramid scheme to Musk and his companies for allegedly “involving $258 billion launched an investigation.
$258 billion Dogecoin lawsuit for Elon Musk
According to Reuters, which reviewed court documents, the plaintiff Keith Johnson; He complained about Elon Musk, electric vehicle giant Tesla and private space company SpaceX. Saying that he is a Dogecoin investor, Johnson said for the losses he suffered in Dogecoin trading since 2019. 86 billion dollars and also 172 billion demanding US$ in compensation.
Investor, Elon Musk and his companies supporting cryptocurrency for pyramid scheme accused of creating According to Johnson’s claim, Elon Musk and his high-income firms advertised to raise the price of Dogecoin, but this advertising caused the price to drop.
Keith Johnson said that he represents people who lost money in their Dogecoin investments as part of this lawsuit. Also from Musk, Tesla and SpaceX stop promoting Dogecoin demanded.
“Dogecoin is not a currency, stock or any other type of investment. It is not backed by gold, silver or any other precious metal. You cannot consume it, cultivate it, or wear it. That’s why I ask Elon Musk and his companies not to do any more publicity.”
In addition, in the case file, Dogecoin did not pay interest or dividends, therefore ‘guarantee’ investment vehicle It was noted that it was not. Nor is it guaranteed by a government or private organization, according to Johnson’s defense.
In Musk’s previous statements Pay with Tesla and SpaceX’s Dogecoin has been confirmed. However, Musk, who is the richest person in the world with a net worth of $ 202.9 billion, has not yet responded to the complaint. For now, Elon Musk’s lawyers are dealing with the case.
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