An Investor sues Elon Musk for USD 258 bln. over Dogecoin

Image of a crumbling Dogecoin

Source: Dreamstime | Author: Valerii Piankovskyi

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An American cryptocurrency investor has filed a complaint with the federal court in Manhattan against Elon Musk, as reported by Reuters. The suit, seeking the impressive sum of $258 bln., claims that Musk is running a pyramid scheme which had artificially inflated the price of the Dogecoin cryptocurrency. 

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