They want to recover $256,000,000,000 from Elon Musk for creating a cryptocurrency pyramid

By: Maksim Panasovskyi | 17.06.2022, 19:28
They want to recover $256,000,000,000 from Elon Musk for creating a cryptocurrency pyramid

American Keith Johnson believes that Elon Musk is involved in the creation of a cryptocurrency pyramid, and is suing the billionaire.

What is known

If Musk loses, he will be left without money and still owe the plaintiff several billion dollars. Forbes evaluates the state of the chapter Tesla and SpaceX approximately $220 billion. However, the plaintiff seeks damages of $86 billion and triple damages of $172 billion, for a total of $258 billion.

Moreover, Keith Johnson wants a document that will ban Elon Musk and his companies from advertising cryptocurrency. dogecoin, and trade it equates to gambling. In a complaint filed in federal court in Manhattan, the plaintiff alleges that Elon Musk misleadingly refers to DOGE a legitimate investment, while cryptocurrency has no value.

Johnson believes that the defendants intend to inflate the cost DOGEto earn from it. In court, he plans to defend the interests of all investors who have invested in dogecoin starting from April 2019. Note that Johnson's prospects are not very good, even despite the fact that after Musk's statements, the value of the asset could instantly jump by several tens of percent.

Source: Bloomberg