$258 Billion Elon Musk 'Dogecoin Pyramid Scheme' Lawsuit Adds Boring Company, Dogecoin Foundation To List Of Defendants

Canada News News

$258 Billion Elon Musk 'Dogecoin Pyramid Scheme' Lawsuit Adds Boring Company, Dogecoin Foundation To List Of Defendants
Canada Latest News,Canada Headlines
  • 📰 PasteMagazine
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 55%

The $258 billion lawsuit alleging Elon Musk and his companies were complicit in a 'Dogecoin Pyramid Scheme' added Musk's Boring Company, the Dogecoin Foundation and a popular crypto YouTuber to its list of defendants.

posted to his channel on Thursday. He called initial plaintiff Keith Johnson a “loser” and appeared to not realize that his name was among the additional defendants. “Who knows? He’ll probably sue me too. I don’t know,” he said.

The initial lawsuit filed in June accused that Musk and his companies Tesla and SpaceX “promoted Dogecoin to profit from its trading” despite being “aware since 2019 that Dogecoin had no value.” The value of the coin peaked at $0.73 USD in May 2021, which coincided with Musk’s appearance as

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

PasteMagazine /  🏆 392. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

$258 Billion Dogecoin Lawsuit Against Elon Musk Grows in Scope$258 Billion Dogecoin Lawsuit Against Elon Musk Grows in ScopeThe Dogecoin Foundation and Elon Musk’s Boring Company are among the new defendants in the lawsuit
Read more »

Elon Musk $258B Dogecoin lawsuit adds plaintiffsElon Musk $258B Dogecoin lawsuit adds plaintiffsAn amended complaint says billionaire Tesla CEO Elon Musk and his companies allegedly drove up the value of Dogecoin in a pyramid scheme.
Read more »

Racketeering Lawsuit Accuses Elon Musk of Pumping Up Dogecoin ValueRacketeering Lawsuit Accuses Elon Musk of Pumping Up Dogecoin ValueThe racketeering lawsuit against Elon Musk and his many companies just keeps getting bigger. The suit says Musk marketed Dogecoin but knew it was worthless.
Read more »

Elon Musk's $258 Billion Dogecoin Lawsuit Grows as New Defendants, DOGE Investors Join – Featured Bitcoin NewsElon Musk's $258 Billion Dogecoin Lawsuit Grows as New Defendants, DOGE Investors Join – Featured Bitcoin NewsThe $258 billion lawsuit filed against Elon Musk and Tesla over their dogecoin promotion has grown with new $DOGE investors and defendants added. crypto cryptocurrency
Read more »

Judge: Musk can use Twitter whistleblower but not delay caseJudge: Musk can use Twitter whistleblower but not delay caseElon Musk will be able to include new evidence from a Twitter whistleblower as he fights to get out of his $44 billion deal to buy the social media company, but Musk won’t be able to delay a high-stakes October trial over the dispute, a judge ruled Wednesday.
Read more »



Render Time: 2025-02-26 19:32:45