Elon Musk, Tesla and SpaceX sue for an alleged pyramid scheme with cryptocurrencies

elon musk and companies Space X Y tesla sued this Thursday by the businessman and an investor requesting from both companies $258,000 million in compensation for thinking they were victims of an alleged plot Pyramid scheme to support Dogecoin cryptocurrency.

Keith Johnson, on the case “A US citizen scammed by the Dogecoin crypto pyramid scam‘ denounced Musk and his companies, claiming they were forming a company. Illegal organized crime to inflate the Dogecoin price.

According to Coin Desk, this digital currency was around $0.056 at noon today, and its highest value of $0.722 was reached on May 7, 2021.

Johnson, who has been prosecuting the billionaire as an individual and on behalf of all other people in “similar situations” who have lost money by investing in Dogecoin since April 2019. seeks $86 billion in “compensatory damages” and more than $172 billion in punitive damagesto punish the accused and deter such behavior in the future.”

Moreover, The text calls for an order that prevents Musk and companies from promoting Dogecoin.

Neither Musk nor the two companies made any statements on this matter.

Source: Informacion

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