latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

Musk tweets that he will keep supporting Dogecoin, in spite of lawsuit

Elon Musk tweeted his support today for Dogecoin, in spite of a class action lawsuit filed against him on Thursday claiming his actions involving the meme-themed cryptocurrency constituted a Ponzi scheme.
Musk tweeted : “I will keep supporting Dogecoin” early today in an exchange with another user, who urged him to keep buying it. “I am,” Musk tweeted in reply.
Keith Johnson, a US citizen, lodged the suit against Musk and his businesses Tesla and SpaceX in the Southern District of New York on behalf of himself and those similarly situated, claiming Musk and his business's activities around Doge defrauded him and other investors.
The complaint alleged that Musk's consistent messaging that he was a fan of the cryptocurrency led directly to its price spike, and when market conditions changed, investors lost out.
Musk has a long history promoting Dogecoin and the complaint highlights the greatest hits of Musk's Doge tweets since a satirical article piqued his interest about the meme coin in 2019. The complaint points out that Dogecoin grew in value after Musk's tweets about it in 2019.
© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. shares this Contents always with License.

Thank you for Share!



Cool to know huh? Read the full Article

Read the full Article:  ⭲ Musk tweets that he will keep supporting Dogecoin, in spite of lawsuit

Search about Crypto News


The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed simple and intuitive, usable by all Devices, fast and effective.


Today Most Popular News

SneakPeek Script
Setup, Upload and Go!