Why Elon Musk's $258 Billion Dogecoin Lawsuit Grows

in #cryptocurrency • 2 years ago

The $258 billion lawsuit filed against Elon Musk, Tesla, and Spacex over their dogecoin promotion has expanded with new defendants and DOGE investors added. The plaintiffs allege that the meme cryptocurrency dogecoin is a Ponzi scheme, emphasizing that Musk and his companies “falsely and deceptively claim that dogecoin is a legitimate investment when it has no value at all.”

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2 years ago in #cryptocurrency by
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