Elon Musk, who has been criticized for manipulating the markets and even filed for compensation by Dogecoin investors, does not give up.
Elon Musk Continues to Support Dogecoin. Tesla and SpaceX CEO Elon Musk made a statement on his Twitter account, which has more than 99 million followers, and stated that he will continue to be a supporter of Dogecoin.
Elon Musk, who has long been criticized for manipulating the cryptocurrency markets, was targeted by investors after the depreciation of Dogecoin. Dogecoin users sued Elon Musk, citing that they have invested with the encouragement of Elon Musk and have been at a loss for years. Investors accusing Musk of building a pyramid chain filed a total of $258 billion in damages.
One of these individuals, Keith Johnson, in a complaint filed with the Southern District Court of New York accused Elon Musk of being part of an illegal blackmail attempt to raise the price of Dogecoin.
The famous billionaire, who made a statement on his Twitter account, which has 99 million followers after the accusations, said that he will continue to support Dogecoin.
After Musk said that he is “still a big supporter of Dogecoin,” Dogecoin gained 23 percent and is positioned at $0.06.
Source: Hardware News
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