Dogecoin cryptocurrency investor sues Elon Musk, Tesla and SpaceX for manipulation and demands $ 258 billion.
They do not stop this week news for Elon Musk. US cryptocurrency investor Dogecoin filed a lawsuit in Manhattan federal court on Thursday, accusing Elon Musk, Tesla and SpaceX of running an illegal blackmail operation to inflate the price of the cryptocurrency.
The lawsuit alleges that Musk has frequently referred to the Dogecoin cryptocurrency, in account on Twitter, causing its price to soar.
Plaintiff Keith Johnson σε αυτήν την αγωγή φαίνεται να uses these tweets and Musk's own references to himself as the "Dogefather" as evidence that Musk is in control of the cryptocurrency.
He blames him for losses among investors who lost money as the cryptocurrency has fallen from a high of $ 0,74 to almost $ 0,05 in recent days.
The following is characteristic graph with the price of Dogecoin:
The lawsuit seeks to triple the $ 86 billion in damages that plaintiffs claim have been lost to Dogecoin investors since Musk first tweeted about it.
According to Keith Johnson: "The defendants falsely claim that Dogecoin is a legal investment and has no value. Since Musk and the companies SpaceX and Tesla Inc. began buying, developing, promoting, supporting and operating Dogecoin in 2019, the plaintiff and all other investors have lost about $ 86 billion in this Crypto Pyramid System ».
Cryptocurrencies have been going through a tough time in recent weeks. There is a general sell-off with the result that their values have been swallowed up. A particular example is Bitcoin which has dropped to $20.000. All of this results in the loss of hundreds of billions of dollars by investors, big and small.
