$258 Billion Elon Musk 'Dogecoin Pyramid Scheme' Lawsuit Adds Boring Company, Dogecoin Foundation To List Of Defendants

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The $258 billion lawsuit alleging Elon Musk and his companies were complicit in a 'Dogecoin Pyramid Scheme' added Musk's Boring Company, the Dogecoin Foundation and a popular crypto YouTuber to its list of defendants.

posted to his channel on Thursday. He called initial plaintiff Keith Johnson a “loser” and appeared to not realize that his name was among the additional defendants. “Who knows? He’ll probably sue me too. I don’t know,” he said.

The initial lawsuit filed in June accused that Musk and his companies Tesla and SpaceX “promoted Dogecoin to profit from its trading” despite being “aware since 2019 that Dogecoin had no value.” The value of the coin peaked at $0.73 USD in May 2021, which coincided with Musk’s appearance as

 

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