Elon Getting Sued For Dodgy Dogecoin Shilling
0x162F
June 20th, 2022

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

Subscribe to nikethereum.eth
Receive new entries directly to your inbox.
Collectors
View
#1
#2
#3
View collectors
This entry has been permanently stored on-chain and signed by its creator.