Elon Musk has been sued for $258 billion by a Dogecoin investor who accuses the Tesla and SpaceX CEO of running a pyramid scheme involving the cryptocurrency.
#ElonMusk, #Dogecoin, #pyramidscheme
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8 Comments
elon musk must be sweating right now
Its the risk of investment that you should do research even before investing. Eventho, Crypto itself is not actually an investment, the up and down were tied to supply and demand of the willing buyer and seller, but the crypto itself is not like a legit company that run business that provide service or sell product which at the end in the accounting book were recorded as profit and dividen were given, earning per share. BUT crypto?? Crypto is based on consumer confidence alone and hope it can purchase something in the future, when actually most country still isn't regulate various kind of crypto to be a real money. When you bank in the cash you had on ATM deposits and the number pop-up electronically on your bank account and you can access it from your phone to purchase service and make payment. That is already a digital currency. Why need crypto? because Crypto = Physical gold? Based on mathematical equation solved? That is Biggest BS of monetary invention.
Please I'm sick of Elon musk manipulating the value of stocks and coins and crashing companies without any reprecausions whatsoever. It's baffling at this point now. Twitter should be next.
I want my Life back, I can't take this drama.
I want my Normal life.
Lmfao this law suit is laughable at best
If people lost their money from their own investments, it's their own fault. I can't believe someone would blame it on Elon.
it's true. but the dumb elon musk fanboys won't realize
I commented on this a while back … these posts are being censored so hard … they want elon to look bad