2 years ago
The American billionaire is being sued for $258 cardinal successful a racketeering suit alleging Musk ran a pyramid strategy to enactment Dogecoin.
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On Apr. 3, societal media elephantine Twitter changed its icon to that of the awesome connected the fashionable meme token Dogecoin (Doge). Just 2 days prior, Elon Musk, CEO of Twitter and Tesla, asked a U.S. justice to disregard a $258 cardinal suit filed by investors alleging the cognition of a pyramid strategy to beforehand Dogecoin.
The Twitter icon arsenic it appears astatine the clip of work (Twitter)Dogecoin is up sharply successful airy of the news, with its terms surging by much than 22% to $0.09784. The icon alteration took spot platform-wide and is straight disposable by the societal media giant's estimated 360 cardinal monthly progressive users. Musk's lawyers reportedly argued that "funny pictures" and "tweeting words of support" bash not magnitude to a fraud claim.
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