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Elon Musk is being sued for 258 billion USD for reportedly using a dogecoin Ponzi scheme to defraud investors

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Elon Musk is being sued for $258 billion USD for reportedly using a dogecoin ponzi scheme to defraud investors.
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Elon Musk is being sued for 258 billion USD for reportedly using a dogecoin Ponzi scheme to defraud investors

A $258 bn lawsuit has been filed against Elon Musk, SpaceX, and Tesla Inc. for reportedly misleading investors in a Dogecoin “pyramid scheme.”

Elon Musk is being sued for $258 billion USD for reportedly using a dogecoin ponzi scheme to defraud investors.

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In Manhattan, New York, a man by the name of Keith Johnson reportedly filed a lawsuit on behalf of numerous other individuals who have suffered revenue buying in Dogecoin since April 2019.

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He asserts that Musk “wrongfully and fraudulently represent the Dogecoin is a respectable commodity if it has no significance at all” and that he was “deceived out of money by plaintiffs’ Dogecoin Crypto Pyramid Scheme.”

Elon Musk is being sued for $258 billion USD for reportedly using a dogecoin ponzi scheme to defraud investors.

Elon Musk is being sued for 258 billion USD for reportedly using a dogecoin Ponzi scheme to defraud investors.

A client is now requesting a search warrant prohibiting Musk, SpaceX, and Tesla Inc. from supporting Dogecoin and asserting that selling Dogecoin is illegal under New York and US law, including $86 billion USD in losses plus money damages of $172 billion USD. (Read also: The Insane Special Phone From Tesla Is A Game-Changer ).

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