Re: Elon Musk sued for 258 billion USD over alleged Dogecoin pyramid scheme.
I'm sorry if there's another forum post about this topic. I couldn't find anything about this news, so I'm posting it here.
Elon Musk is about to get sued for alleged Dogecoin pyramid scheme. We all knew that his Dogecoin shilling will come back and bite him in the a$$.
Is dogecoin a pyramid scheme? Is this a rhetorical question? Any doge supporters here?
https://www.reuters.com/legal/transactional/elon-musk-sued-258-billion-over-alleged-dogecoin-pyramid-scheme-2022-06-16/
even to this day the news about this sue has not been heard how it goes...Elon Musk is about to get sued for alleged Dogecoin pyramid scheme. We all knew that his Dogecoin shilling will come back and bite him in the a$$.
Is dogecoin a pyramid scheme? Is this a rhetorical question?
Any doge supporters here?https://www.reuters.com/legal/transactional/elon-musk-sued-258-billion-over-alleged-dogecoin-pyramid-scheme-2022-06-16/
This is not a lawsuit that will be easy to process because Elon Musk has not been proven to directly invite people to invest in Dogecoin.
Dogecoin are listed in US regulated exchanges Coinbase and Bittrex. Whatever words and posts Elon Musk is doing are just part of his freedom. Unless he was forcing people to invest in Dogecoin then there is a valid case. Dogecoin with or without Elon Musk hypes still probably made an ATH last year just like most of the other top 100 coins due to the bullish season in the crypto market.
The fact that the complainant mentioned that they are aware since 2019 that Dogecoin has no value, made him just a sore loser in an open market regulated by US authorities. It is more reasonable for the complainant to question US authorities assigned for allowing exchanges like Coinbase to list Dogecoin.
right, I think the complainant should have properly reasoned his lawsuit and been more thorough in his lawsuit report.The fact that the complainant mentioned that they are aware since 2019 that Dogecoin has no value, made him just a sore loser in an open market regulated by US authorities. It is more reasonable for the complainant to question US authorities assigned for allowing exchanges like Coinbase to list Dogecoin.