The ever eccentric Elon Musk, who is doing his best Trump impersonation in the picture above, is getting hit with a class action lawsuit from an overzealous investor who claims Elon, along with his companies SpaceX and Tesla, engaged in a pyramid scheme-type to shill Dogecoin to the masses. How much is Elon getting hit with? $258 billion!! The plantiff who filed the case in NY, alleges that Musk and his corporations were “unjustly enriched” by $86 billion windfall via various law violations and misconducts.
As polarizing as Elon can be, and no matter which side you agree with, it seems that the crypto community are giving a collective eye roll at this ridiculous amount, with good reason since the amount alone could get this suit thrown out.
I think I've made my feelings clear on how I feel about Elon in past articles so I won't repeat myself. I have always been against the way Elon blindly shills certain coins, suspiciously in a whale pattern, but this lawsuit does seem extremely frivolous and can't see it going forward. Good luck Keith!
Written by: nikethereum.eth