Join the larget crypto conference of 2023 in Bitcoin

OKX BOTS

Elon Musk manipulated Dogecoin pyramid scheme for profit: Lawsuit

Elon Musk manipulated Dogecoin pyramid scheme for profit: Lawsuit 3

Billionaire Keith Johnson sued Tesla CEO Elon Musk for his involvement in the Dogecoin promotion. 

Elon Musk is a popular personality because of his net worth, which makes him the top richest person in the world. In late 2019, Elon started to support Dogecoin. Elon initiated his support for Dogecoin on Twitter and later he promoted Dogecoin via interviews, which resulted in very big hype for Dogecoin. Due to the support of Elon, almost every person, who knows about crypto or Elon, started to buy & talk about Dogecoin as the best coin. 

Recently billionaire Investor Keith Johnson filed a case against Elon Musk. According to Johnson, Elon Musk promoted the Dogecoin Ponzi scheme by taking the advantage of his popularity as the richest person in the world.

Johnson is suing Tesla’s CEO for $258 million for allegedly supporting a pyramid scheme involving the meme digital currency Dogecoin. He claimed that DOGE is a “fraud that fools the great fools.”

The filed complaint stated:

“The defendants knew since 2019 that Dogecoin had no value and was still promoting Dogecoin to profit from their trade. Musk used the pedestal of himself as the richest man in the world to operate and manipulate the Dogecoin pyramid scheme for profit, exposure, and fun.”

Elon Musk manipulated Dogecoin pyramid scheme for profit: Lawsuit 2

However, no direct evidence was provided by Johnson regarding this matter but he said that he felt deceived after investment & loss in Dogecoin. 

Johnson claimed that Elon Musk promoted this meme coin via multiple tweets to bring benefits to himself. 

In response to this case, many crypto Investors said that Johnson is worried about his loss and also he is not aware of the crypto & blockchain industry & its benefits and advantages because of the volatility issues. Now here it will be interesting to see what will be public response from Tesla CEO regarding this case. 

Read also: Huobi will close its Thailand-based operations by next month

Elon Musk manipulated Dogecoin pyramid scheme for profit: Lawsuit

 

https://bitcoinik.com/elon-musk-manipulated-dogecoin-pyramid-scheme-for-profit-lawsuit/feed/

https://bitcoinik.com/elon-musk-manipulated-dogecoin-pyramid-scheme-for-profit-lawsuit/feed/

 

 

 

 

 

Ads by Cryptonews24

 

Buy bitcoin and other cryptocurrencies on crypto exchanges:    Binance    Coinbase      Kraken      Bitfinex

EXPLOSIVE LTD is an investment company specializing in financial market trading. Our preferred market is commodities: EXPLOSIVE LTD have developed accurate expertise in trading gold, silver, crude oil, natural gas.

🔥 Explosive-X
Signup link: https://explosive-x.io/?ref=devplus
Started: 01/06/2022

💰 Investment Plans: 4% daily for 25 days (principal return end of the cycle)

Cancel Deposit after 24 hours with a 15% fee

Withdrawal: Manual (Max 12 hours)

📥 Minimal deposit: $10 – Maximum deposit: $50.000

📥 Minimal withdraw: PM $1 , BTC $10 ,LTC $5 ,ETH $20
XRP $5 ,DOGE $5 ,USDT ERC20 $20 ,TRX $5 ,XLM $5
USDT (TRC20 BEP20) $5 , USDT TRC20 5$ , BNB $5 ,BCH $5

🤝 Referral program: 6% – 2%

Career Bonus:
$1000 Direct active referrals: $40 Bonus
$2500 Direct active referrals: $100 Bonus
$5000 Direct active referrals: $250 Bonus
$15,000 Direct active referrals: $600 Bonus
$50000 Direct active referrals: $2500 Bonus

Sign Up : https://explosive-x.io/?ref=devplus

—————————————————————————————————————-

BN Trust
📣24 hours trading, every two hours, you can earn more than 5% profit per day
Invest $100 (30 days) and get $432
Invest $300 (30 days) and get $1297
Invest $500 (30 days) and get $2161
Invest $1000 (30 days), get $4320
Invest $5,000 (30 days) and get $21,610
Invest $10,000 (30 days) and get $43,200

💵Minimum deposit amount is $20.
The minimum withdrawal amount is $10.
Cash out anytime!
The higher the capital, the more you earn

🖇Operation registration link https://www.bn-trust.com/#/register?sharecode=kBrco2

Ads by Cryptonews24

 

 

 

Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.

 

Please follow and like us:
Social media & sharing icons powered by UltimatelySocial