The $258 billion Elon Musk Dogecoin lawsuit expands. Yes, the racketeering lawsuit that accused Elon Musk of running a pyramid scheme for supporting the Dogecoin cryptocurrency has expanded. Well, the lawsuit has heated up with several new parties joining in. Elon Musk, his space tourism company, SpaceX, and his electric car company, Tesla, Boring, and others drove the price of Dogecoin up to more than 36000% over two years and then crash it.
Elon Musk has been quite famous for the last few years. We have heard rumors regarding Elon Musk buying Roblox, buying Fortnite, and a lot more platforms. Well, with the ongoing Tesla lawsuit, the Elon Musk Dogecoin lawsuit has expanded. As per the amended complaint filed in Manhattan Federal court, on Tuesday, Musk along with his companies, Boring, and others have intentionally driven the price of Dogecoin quite high over two years and then crashed.
The Elon Musk Dogecoin lawsuit is heating up. It has now added seven new investor plaintiffs along with six new defendants also including Musk’s tunnel construction business Boring. As per the complaint, by driving the price of the Dogecoin cryptocurrency quite high and then letting it crash, the defendants have profited tens of billions of dollars at the expense of other Dogecoin investors. It has been claimed that they were well aware of the currency lacking intrinsic value and the value was solely dependent on marketing.
This post will be discussing all the crucial details related to the Elon Musk Dogecoin lawsuit. We will further be disclosing Elon Musk being in trouble due to support for Dogecoin. So, without any further delay, let us get into the post and check out everything related to the Elon Musk Dogecoin lawsuit.
Elon Musk In Trouble
Elon Musk’s trouble seems to continue as the Elon Musk Dogecoin lawsuit expands. The $258 billion racketeering lawsuit that accused Elon Musk of running a pyramid scheme for supporting the Dogecoin cryptocurrency has expanded and put Elon Musk in trouble. It has now added seven more new investor plaintiffs along with six new defendants also including the Boring Co. which is Elon Musk’s tunnel construction business. This is what has led Elon Musk to huge trouble along with his space tourism company SpaceX as well as electric car company Tesla. Let us read ahead to get more information related to this.
Elon Musk Dogecoin Lawsuit
The Elon Musk Dogecoin lawsuit is the talk of the town right now. As per the amended complaint filed in the Manhattan federal court on a Tuesday night, Elon Musk, his space tourism company SpaceX, his electric car company Tesla, Boring, and others have intentionally driven up the price of the cryptocurrency Dogecoin by more than 36000% over two years and then let it crash.
By doing this, as per the complaint, the defendants have profited tens of billions of dollars that too at the expense of other investors of Dogecoin while knowing that the Dogecoin currency lacked intrinsic value and also its value was solely dependent on the marketing. The original lawsuit was filed late in June. We will keep you updated with more details related to the Elon Musk Dogecoin lawsuit as soon as they are out.
Wrapping-Up:
Here ends the post on the Elon Musk Dogecoin lawsuit. In this post, we have discussed all the crucial details related to the lawsuit filed against Elon Musk, his company, Tesla, Boring, SpaceX, and many others. It seems that the case will go long as it can be quite troublesome for Musk. So, what are your thoughts on the Elon Musk Dogecoin cryptocurrency lawsuit? Share your views with us in the comments section. Also, share this post with your friends and help them in knowing all the recent crucial details related to the Elon Musk Dogecoin cryptocurrency lawsuit.
Frequently Asked Questions
Q1. What Is The Latest Dogecoin Lawsuit?
A. The latest news is regarding the Dogecoin cryptocurrency lawsuit that is filed against Elon Musk, his electric car company Tesla, his space tourism company SpaceX, Boring, and more. As per the complaint, they have intentionally driven up the prices of the Dogecoin cryptocurrency to 36,000% over two years and let it crash.
Q2. Is Elon Musk In Trouble Due To Dogecoin Lawsuit?
A. Yes, it seems so. It seems that Elon Musk might be in trouble due to the Dogecoin cryptocurrency lawsuit that has been filed against him and his companies, SpaceX, Tesla, Boring, and around six more defendants including his tunnel construction business Boring. As per the complaint, it is accused that Musk along with others has intentionally driven up the price of the Dogecoin cryptocurrency and then let it crash.
Q3. What Is The Dogecoin Lawsuit?
A. A Dogecoin lawsuit has been filed against Elon Musk, his space company SpaceX, his electric car company Tesla, his tunnel construction business Boring, and many others. It has been accused that they have intentionally driven the prices of the Dogecoin cryptocurrency to 36,000% over two years and then let it crash. With this, the $258 billion Dogecoin lawsuit has expanded.
