Elon Musk sued for $258bn over claims he ran a pyramid scheme to promote Dogecoin https://t.co/ja6ucywrCk— Sky News (@SkyNews) June 17, 2022
Johnson v. Musk, Case No. 22-cv-05037, SDNY (Manhattan).— BNN Newsroom (@BNNBreaking) June 16, 2022
Keith Johnson sued Musk and his companies, claiming they engaged in illegal racketeering to raise the price of $DOGE.
He seeks $86 billion in damages, plus $172 billion in triple damages, as well as an injunction barring Musk and the companies from marketing $DOGE and declaring that the $DOGE trade is illegal under US and New York law.— BNN Newsroom (@BNNBreaking) June 16, 2022
Musk or SpaceX, Tesla, and Tesla's lawyer did not respond to press inquiries about the lawsuit right away. $DOGE is down 70% this year and is currently trading at $0.05818. It peaked at 74 cents last year before plummeting.— BNN Newsroom (@BNNBreaking) June 16, 2022