Uh oh.

This is a $ 258 Billion Racketeering Lawsuit.

Many people who lost millions following the Tweets of Elon Musk.

Is this the end for Elon Musk and his Neuralink Project ? https://neuralink.com/

Elon Musk and two of his companies, Tesla and SpaceX, are facing a $258 billion lawsuit, according to Thursday reports.

Bloomberg today reported that an American citizen is suing the world’s richest man for allegedly pumping Dogecoin. The lawsuit alleges that Musk was part of a racketeering scheme to back the cryptocurrency.

“Defendants falsely and deceptively claim that Dogecoin is a legitimate investment when it has no value at all,” Keith Johnson, who filed the lawsuit, said in the complaint. Johnson is seeking class-action status for the suit and aims to represent other allegedly harmed investors.

Dogecoin was originally designed in 2013 as a joke and to poke fun at Bitcoin. But it went from being an obscure “meme coin” to arguably the most talked about digital asset in the space during 2020 and 2021.

Source: https://decrypt.co/103089/elon-musk-tesla-spacex-dogecoin-lawsuit