Elon Musk: They sued a millionaire against the founder of Tesla for promoting crypto

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  • BBC News World

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An investor in Dogecoin, a cryptocurrency that was originally created as a joke but whose value rose and fell when promoted by Elon Musk, filed a $258 billion lawsuit Thursday against the billionaire and his two companies, Tesla and SpaceX.

Keith Johnson, who claims to have lost money after investing in dogecoin, has described himself as an “American citizen who has been defrauded by what he called”Scheme Cryptocurrency pyramidDrogecoin“.

He accuses Musk, electric car company Tesla and space tourism company SpaceX of committing an illegal organized crime of inflating the price of Dogecoin, to promote Dogecoin and raise its price, and then bring it down. Musk is the CEO of both Tesla and SpaceX.

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The investor requests that his application in New York Court be classified as A Class action on behalf of those who have He suffered losses when investing in dogecoin since 2019.

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