News > Elon Musk Sued for $258 Billion for Running ‘Dogecoin Pyramid Scheme’

Elon Musk Sued for $258 Billion for Running ‘Dogecoin Pyramid Scheme’

Dais Newsfeed | 17/06/2022 11:35 AM | Click to read full article

Tesla CEO Elon Musk has been sued for $258 billion for allegedly running a pyramid scheme to support Dogecoin, a cryptocurrency that has recently gained popularity among investors.

This comes as Dogecoin last year gained immense popularity suddenly when Elon Musk said he would accept the cryptocurrency as payment for Tesla cars.

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