Saturday, November 26, 2022

World No 1 Tech News Website

Elon Musk is being sued for $258 billion because of Dogecoin

Must read

fatima khan
fatima khan
A brand new writer in the fields, Fatima has been taken under my electric spark's RGB- rich and ensures she doesn't engage in excessive snark on the website. It's unclear what command and Conquer are; however, she can talk for hours about the odd rhythm games, hardware, product reviews, and MMOs that were popular in the 2000s. Fatima has been creating various announcements, previews, and other content while here, but particularly enjoys writing regarding Products' latest news in the market she's currently addicted to. She is likely talking to an additional blogger with her current obsession right now.

Elon Musk, Tesla, and SpaceX are being sued for an astounding $258 billion—not a typo, that’s billion—for running a pyramid scheme through the Dogecoin cryptocurrency. According to a Reuters (opens in new tab) report, the suit was filed by Dogecoin investor Keith Johnson, who accused Musk of using his wealth and position as CEO of the two companies to promote Dogecoin to drive up its price, before ultimately letting it fall.

“Defendants were aware since 2019 that Dogecoin had no value yet promoted Dogecoin to profit from its trading,” the complaint says. “Musk used his pedestal as World’s Richest man to operate and manipulate the Dogecoin Pyramid Scheme for profit, exposure and amusement.”

More articles


Please enter your comment!
Please enter your name here

Latest article