The lawsuit against Elon Musk in the United States in the case of the creation of a cryptopyramide with Dogecoin has gathered new participants, Reuters reports.
Now he has been joined by seven new investors who have added six new defendants, including Elon Musk’s Boring Co., a company engaged in the construction of transport tunnels.
In June, American Keith Johnson filed a lawsuit against Musk and his companies SpaceX and Tesla. He accused them of creating a “cryptopyramide” — a kind of structure whose task is to artificially inflate the value of the Dogecoin cryptocurrency.
Johnson said he was ready to represent the interests of other people who, like him, lost money on this pyramid scheme. The plaintiff demanded compensation for the damage in the amount of $ 258 billion, which he incurred on the purchase and sale of this cryptocurrency since 2019.
Last December, Musk announced that some Tesla products would be sold for this Dogecoin.
After that, the cost of the “comic” cryptocurrency increased by 30%.
In July, Elon Musk’s company, The Boring Company, announced that it would allow paying for trips inside the Loop transport system using the billionaire’s favorite cryptocurrency, Dogecoin.
The value of Dogecoin has fallen by 70% over the past year, but the billionaire continued to look for ways to popularize it. At the time of publication of the material, the crypto currency costs 3.69 rubles.