Racketeering Lawsuit Accuses Elon Musk of Pumping Up Dogecoin Value

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Racketeering Lawsuit Accuses Elon Musk of Pumping Up Dogecoin Value
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'It has no value at all.'

, were included in an amended complaint filed Tuesday in Manhattan federal court. The plaintiffs say Musk used Tesla, SpaceX and other businesses to pump up the value of crypto meme token Dogecoin by an astonishing 36,000 percent over a two year period — before letting it crash, hanging investors out to dry.

"Defendants falsely and deceptively claim that Dogecoin is a legitimate investment when it has no value at all,"Johnson is asking for a total of $258 billion in damages, as well as policies that would consider Dogecoin gambling under US and New York laws."I will keep supporting Dogecoin,"

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