Elon Musk, Tesla, Spacex Facing $258 Billion Lawsuit for Promoting Dogecoin – Featured Bitcoin News

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Elon Musk and Tesla 'falsely and deceptively claim that dogecoin is a legitimate investment when it has no value at all,' the lawsuit states. $DOGE crypto cryptocurrency

Elon Musk, Tesla, and Spacex are being sued for $258 billion over claims that they “are engaged in a crypto pyramid scheme by way of dogecoin cryptocurrency.” The lawsuit states that Musk and his companies “falsely and deceptively claim that dogecoin is a legitimate investment when it has no value at all.”Dogecoin investor Keith Johnson filed a class-action lawsuit against Elon Musk and his companies, Tesla and Spacex, Thursday in federal court in Manhattan, Bloomberg reported.

According to the court document, Johnson is an American citizen who said he was “defrauded out of money by defendants’ dogecoin crypto pyramid scheme.” He claimed that Musk, Tesla, and Spacex constitute an illegal racketeering enterprise to inflate dogecoin’s price.Defendants falsely and deceptively claim that dogecoin is a legitimate investment when it has no value at all.

 

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Glad you realise no fiat money has any value. Except exceptance

No Cryptocurrency has legitimate value. You fools are investing in air. Just like the Dot Bomb days of the 90's.

Doge coin ,Elon Musk,shib they all are scam ,,

This lawsuit and the many to come all share a common theme: LET'S GET ELON MUSK! t doesn't take much to see the obvious: there are people, all losers, who simply cannot stand a smart, successful, unapologetic visionary. Because losers can't make anything else, they make trouble.

Tell that to my wallet

Lawsuits prove we live in a wimpy society.

Very good! 👍

Agree, dogecoin isn't legitimate investment, it has no value at all.

DOGE is for the community, for everyone

Whom can decide value for others ..isn't the choice down to the individual..

No shit. He was laughing his ass off watching all those morons buying high after each of his tweets. 🥳

it has no value? $PAW

People who feel the need to go after other people's money over a choice they chose to make are ridiculous.

Bull. It’s only lagi for people who want it

This is a new conspiracy by the Federal Reserve

After every problem, there is a happy day. Bring my bitcoin, my friend, you are not alone!

I laugh 😂

This is good. So now Elon has to prove why Dogecoin is a legitimate investment with value. Nice.

I wouldn't believe anything this guy says.

imagine believing a meme coin can make you a millionaire lmao zoomers

Another one 😂🖕🏼

I agree that he is a swindler behind Doge's main enemy elonmusk 😡

Elon is Nikola BTC

There is so much irony in this it's laughable. Only when you know the truth do you get the joke.

'Dogecoin investor' claiming hundreds of billions in damages while claiming it has no value. Something is a little off here.

Bullish for DOGE

LUFFY 🚀🚀🚀

elonmusk “out for blood” Tweet coming in 3, 2, 1…

Period

That's why we have shib that's probably to most legitimate investment out there!

This maybe the dumbest lawsuit in history.

I'm filing a $1 Trillion lawsuit against Matt Damon.

The guy that filed the lawsuit sounds like he celebrates pride month.

So is the dollar.....

This is a lie. $doge doge is worth way more than $lunac and $ust which are scams.

Lol but fiat holds value?

what xDDDD lmfao cringe must be somebody who bought the top

Dogecoin as much value! doge

It literally has value because it's excepted at over 1000 different stores lol… Do you guys ever make any correct claims

ECH?🚀🚀🚀🚀🚀🚀👍👍👍 EchelonFDN

I've been seeing them on Dextools, I guess that's how fast-sellers do

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