Musk Will Continue To Support Dogecoin Despite the $258 Billion Lawsuit
After the news of the class-action lawsuit against him and his two companies, Billionaire Elon Musk said that he will continue to support Dogecoin.
Even a $258 billion class-action lawsuit was filed in New York District Court. It claims that Dogecoin (DOGE) is a “cryptocurrency pyramid scheme”. And Musk and his companies SpaceX and Tesla were accused of promoting a fraudulent scheme.
The plaintiff demanded that Musk and his companies be banned from promoting the crypto product and to recognize trading DOGE as gambling in the United States.
In the crypto community, the lawsuit was not taken seriously, moreover, DOGE fans began to ridicule this Keith Johnson’s move.