Topline
Elon Musk, SpaceX and Tesla were sued in federal court Thursday over claims that Musk directly “manipulated” the price of Dogecoin in a deliberate “crypto pyramid scheme” conducted over Twitter.
KATWIJK, NETHERLANDS – JANUARY 29: In this photo illustration visual representations of digital … [+]
រូបភាព Getty
ការពិតសំខាន់
Plaintiff Keith Johnson – who purchased Dogecoin in 2021 – is seeking a class-action បណ្តឹង in the Southern District of New York against Musk and his companies SpaceX and Tesla, for at least $86 billion in damages.
Johnson argues Musk drove up the price of Dogecoin with his tweets about it, but that the currency lacks “underlying value” and Musk promoted it for his own “profit, exposure, and amusement.”
Johnson is also seeking court orders to prohibit Musk from promoting Dogecoin, and to declare Dogecoin trading a form of gambling, under federal and New York law.
The suit claims Dogecoin is an “illegal wire fraud enterprise” fueled by promotion and manipulation over Twitter.
SpaceX has not responded to a request for comment from Forbes.
សាវតាសំខាន់
របស់ Dogecoin តម្លៃ has been on the decline over the past year, dropping to $.057 per coin Thursday, from a peak of $.64 last May. The cryptocurrency បានចាប់ផ្តើម in 2013 at $.0002 per coin. Musk started ការលើកកម្ពស់ Dogecoin in 2019 with a series of tweets that included “DOGE” and “Tesla merch buyable with Dogecoin,” both of which បានកើនឡើង the Dogecoin’s value. In Feb. 2021, Musk walked back on his support, tweeting, “I will literally pay actual $” to people who void their Dogecoin accounts.” The U.S. Securities and Exchange Commission launched an ការស៊ើបអង្កេត that month into Musk for his tweets related to Dogecoin. Musk then tweeted, “Doge will live forever.” Musk has continued to support, or at least mention, Dogecoin on Twitter, as well as on a May, 2021 episode of រាត្រីថ្ងៃសៅរ៍.
សម្រង់សំខាន់
The suit says Dogecoin is a “fraud whereby ‘greater fools’ are deceived into buying the coin at a higher price.”
អានបន្ថែម
Elon Musk’s ‘SNL’ Gig Was A Bust For The Billionaire—And Dogecoin—But A Boom For NBC (ទស្សនាវដ្តី Forbes)
An Introduction to Dogecoin, The Meme Cryptocurrency (ទស្សនាវដ្តី Forbes)
Musk, Tesla, SpaceX Are Sued for Alleged Dogecoin Pyramid Scheme (Bloomberg)
Source: https://www.forbes.com/sites/brianbushard/2022/06/16/elon-musk-spacex-and-tesla-sued-for-258-billion-in-alleged-dogecoin-pyramid-scheme/