Elon Musk and his firms are being sued for $258M over an alleged dogecoin pyramid scheme. Keith Johnson filed a lawsuit against Musk for being a part of the scheme that swindled him of all his money. He claims that Musk advertises Dogecoin as an investment when it is worthless. Elon Musk, SpaceX and Tesla are being sued for $258 billion over claims they are part of a racketeering scheme to back Dogecoin https://t.co/HSCLugaaHU — Bloomberg Wealth (@wealth) June 16, 2022 Elon Musk Allegedly Involved in a Dogecoin Pyramid Scheme There is a $258 lawsuit claiming Elon Musk, SpaceX, and Tesla are part of a dogecoin smuggling operation. After being swindled of money by Elon Musk and his alleged Dogecoin Crypto Pyramid Scheme, Keith Johnson decided to take legal action against Elon Musk and his firms. He claimed that the defendants fraudulently and deceptively assert that Dogecoin is an investment while it’s worthless. Mr Johnson’s case was filed on 16th June in a Manhattan federal appeals court. Mr. Johnson is looking for those who have lost cash while trading Dogecoin. He is seeking $86B in damages, plus $172B in triple damages, and an injunction prohibiting Musk and the corporations from marketing Dogecoin and stating that the Dogecoin trade is wagering under the US and New York law. Emails requesting comments from Mr. Musk were not immediately returned. There were no immediate responses from employees of SpaceX, or from Tesla’s de...
