Elon Musk, Tesla and SpaceX sued for alleged pyramid scheme

Elon Musk and their companies SpaceX Y Tesla They were sued by an investor who demands the businessman and both companies 258,000 million dollars in damages for considering that they are victims of an alleged pyramid scam scheme to support cryptocurrency Dogecoin.

Keith Johnson, portrayed in the lawsuit as “a US citizen defrauded of money by the Dogecoin crypto pyramid scheme,” denounced Musk and his companies. Likewise, he alleged that they constitute an illegal organized crime company to inflate the price of Dogecoin.

This digital currency was around 0.056 dollars today at noon and its highest value, at 0.722 dollars, was reached on May 7, 2021, according to Coin Desk.

Elon Musk sued for fraud

Johnson, who is suing the billionaire as an individual and on behalf of all other people in “similar situations.” The same ones who lost money investing in Dogecoin since April 2019.

It also requests $86 billion in “compensatory damages.” As well as more than 172,000 million dollars “in punitive damages, to punish the defendants and deter such conduct in the future.”

In addition, the text asks for an order that prevents Elon Musk and companies promote Dogecoin.

Neither Musk nor the two companies made any statement on the matter.

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