Elon Musk Wins United States New York Court Filing to Dismiss $258 Billion Class Action Lawsuit for Defrauding & Promoting Dogecoin Pyramid Scheme
5th September 2024 | Hong Kong
Elon Musk has won the United States New York court (Manhattan federal court) filing to dismiss the $258 billion class action lawsuit for defrauding & promoting Dogecoin pyramid scheme. In 2023, Elon Musk filed to a New York court (Manhattan federal court) to dismiss the $258 billion class action lawsuit for defrauding & promoting Dogecoin pyramid scheme. The defence submitted by his lawyers include “there is nothing unlawful about tweeting words of support” and “Dogecoin does not qualify as a security.” The case is Johnson et al v. Musk et al, U.S. District Court, Southern District of New York, No. 22-05037. In 2022 June, Elon Musk, Tesla & SpaceX received a $258 billion class action lawsuit for defrauding & promoting Dogecoin pyramid scheme. In the filing by American citizen Keith Johnson in a federal Manhattan court (New York, United States), the class action lawsuit seeks $258 billion in total damages, an order blocking Elon Musk & companies from promoting Dogecoin, and declaring Dogecoin trading as gambling under United States & New York law. More info below.
“ Elon Musk Wins United States New York Court Filing to Dismiss $258 Billion Class Action Lawsuit for Defrauding & Promoting Dogecoin Pyramid Scheme “
Elon Musk Files to New York Court to Dismiss $258 Billion Class Action Lawsuit for Defrauding & Promoting Dogecoin Pyramid Scheme
1st April 2023 – Elon Musk has filed to a New York court (Manhattan federal court) to dismiss the $258 billion class action lawsuit for defrauding & promoting Dogecoin pyramid scheme. The defence submitted by his lawyers include “there is nothing unlawful about tweeting words of support” and “Dogecoin does not qualify as a security.” The case is Johnson et al v. Musk et al, U.S. District Court, Southern District of New York, No. 22-05037. In 2022 June, Elon Musk, Tesla & SpaceX received a $258 billion class action lawsuit for defrauding & promoting Dogecoin pyramid scheme. In the filing by American citizen Keith Johnson in a federal Manhattan court (New York, United States), the class action lawsuit seeks $258 billion in total damages, an order blocking Elon Musk & companies from promoting Dogecoin, and declaring Dogecoin trading as gambling under United States & New York law. More info below.
Elon Musk, Tesla & SpaceX Receive $258 Billion Class Action Lawsuit for Defrauding & Promoting Dogecoin Pyramid Scheme
17th June 2022 – Elon Musk, Tesla & SpaceX have received a $258 billion class action lawsuit for defrauding & promoting Dogecoin pyramid scheme. In the filing by American citizen Keith Johnson in a federal Manhattan court (New York, United States), the class action lawsuit seeks $258 billion in total damages, an order blocking Elon Musk & companies from promoting Dogecoin, and declaring Dogecoin trading as gambling under United States & New York law. In the filing: “Dogecoin is not a currency, stock, or security. It’s not backed by gold, other precious metal, or anything at all. You can’t eat it, grow it, or wear it … … It doesn’t pay interest or dividend. It has no unique utility compared to other cryptocurrencies … … It’s not secured by a government or private entity. It’s simply a fraud whereby ‘greater fools’ are deceived into buying the coin at a higher price.”
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2024 Investment Day
- March 2024 - Hong Kong
- March 2024 - Singapore
- July 2024 - Hong Kong
- July 2024 - Singapore
- Sept 2024 - Hong Kong
- Sept 2024 - Singapore
- Oct 2024 - Hong Kong
- Nov 2024 - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
