New York, First Published Jun 17, 2022, 9:16 AM IST
An investor in Dozcoin, one of the cryptocurrencies, has filed a lawsuit against Tesla founder Elon Musk, Tesla and SpaceX, demanding $ 258 billion in damages.
Elon Musk, the founder of Tesla, has been the subject of numerous advertisements and support on Twitter for Tojkain. Relying on this, many people invested in Tojcain.
But those who invested have suffered huge losses. One of the victims is Tojcoin’s investor Kate Johnson.
Johnson is suing Elon Musk, Tesla and SpaceX in a court in New York. In that case, Johnson said, “Elon Musk put a lot of emphasis on increasing the couple’s sales and investment. Tojikai Crypto was a pyramid scheme.
I have been investing in Tojicoin since last 2019. But, I have suffered a great loss because of that. Elon Musk proposed and promoted Doji Coin so investors relied on it. This has cost them $ 86 billion.
Elon Musk has elevated the value of Dozcoin, boosted its size in the market and boosted trade. Elon Musk, who has more than 9 million followers on Twitter, continued to boast about Tojkain on his page. Elon Musk also said that Tesla would be accepted if it paid for a specific area of the car. SpaceX even named one of its satellites Dozcaine.
Elon Musk should pay compensation to those who relied on Elon Musk’s talk on Tojicoin. The loss to them should be doubled. A total of $ 258 billion in compensation should be paid. ”
Dozcoin was one of the last cryptocurrencies created in 2013. Dozcoin was created with bitcoin and a dog meme called Shiba Inu.
Elon Musk’s advertisement exaggerated the value of the dojcoin, which rose to 0.73 cents in 2021. However, the value of Tojikai gradually decreased to 6 cents
Last Updated Jun 17, 2022, 9:16 AM IST