Elon Musk and Tesla sued over Dogecoin ‘pyramid scheme’
2 years, 6 months ago

Elon Musk and Tesla sued over Dogecoin ‘pyramid scheme’

Al Jazeera  

Elon Musk was sued for $258bn on Thursday by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency. In a complaint filed in federal court in Manhattan, plaintiff Keith Johnson accused Musk, electric car company Tesla Inc and space tourism company SpaceX of racketeering for touting Dogecoin and driving up its price, only to then let the price tumble. “Musk used his pedestal as World’s Richest man to operate and manipulate the Dogecoin Pyramid Scheme for profit, exposure and amusement.” The complaint also aggregates comments from Warren Buffett, Bill Gates and others questioning the value of cryptocurrency. The complaint said Dogecoin’s selloff began around the time Musk hosted the NBC show “Saturday Night Live and, playing a fictitious financial expert on a Weekend Update segment, called Dogecoin “a hustle”.

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History of this topic

Musk escalates Altman legal feud, casting OpenAI as monopolist
1 month ago

Musk escalates Altman legal feud, casting OpenAI as monopolist

LA Times  

Tesla and SpaceX CEO Elon Musk, who launched his xAI startup last year, has accused Sam Altman and OpenAI of trying to corner the market for generative artificial intelligence. “Microsoft and OpenAI, apparently unsatisfied with their monopoly, or near so, in generative artificial intelligence are now actively trying to eliminate competitors, such as xAI, by extracting promises from investors not …

Elon Musk is sued over $1 million election giveaway
1 month, 2 weeks ago

Elon Musk is sued over $1 million election giveaway

Live Mint  

By Jonathan Stempel Nov 5 - Elon Musk was sued in a proposed class action on Tuesday by registered voters who signed his petition to support the Constitution for a chance to win his $1 million-a-day giveaway, and now claim it was a fraud. The complaint filed by Arizona resident Jacqueline McAferty in the Austin, Texas federal court said Musk …

Elon Musk sued by Philadelphia DA over 'illegal' $US1 million daily giveaways
1 month, 3 weeks ago

Elon Musk sued by Philadelphia DA over 'illegal' $US1 million daily giveaways

ABC  

Elon Musk is being sued by Philadelphia's district attorney over his $US1 million giveaways in support of Donald Trump's presidential campaign. It is the first legal action to be brought over the billionaire tech mogul's America PAC and the sweepstakes offering $US1m every day until election day next week. "The Philadelphia District Attorney is charged with protecting the public from …

Philadelphia D.A. says he is suing Elon Musk’s America PAC over its $1-million giveaway
1 month, 3 weeks ago

Philadelphia D.A. says he is suing Elon Musk’s America PAC over its $1-million giveaway

LA Times  

Elon Musk speaks at a campaign rally for Republican presidential nominee Donald Trump at Madison Square Garden on Sunday in New York. The district attorney of Philadelphia has filed a lawsuit to halt Elon Musk’s $1-million giveaways as part of his political organization’s effort boosting Donald Trump’s presidential campaign. Larry Krasner is the first legal action to be brought over …

Elon Musk, Tesla win dismissal of Dogecoin ‘pyramid scheme’ lawsuit, US judge says posts ‘aspirational, not factual’
3 months, 3 weeks ago

Elon Musk, Tesla win dismissal of Dogecoin ‘pyramid scheme’ lawsuit, US judge says posts ‘aspirational, not factual’

Live Mint  

Tech billionaire Elon Musk and his auto company, Tesla, won the dismissal of a lawsuit that accused them of misleading social media followers and creating a $258 billion "pyramid scheme" for the meme cryptocurrency Dogecoin, Bloomberg reported. He held that Musk’s statements on social media were “aspirational” rather than “factual and susceptible to being falsified” and “no reasonable investor could …

What is Dogecoin and why does Elon Musk call himself the Dogefather?
6 months, 4 weeks ago

What is Dogecoin and why does Elon Musk call himself the Dogefather?

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Described on its website as "fun and friendly internet money", that is "favoured by Shiba Inus worldwide", …

Elon Musk on conspiracy theories: Impulse to speak out leads to ‘self-inflicted wounds’
8 months, 2 weeks ago

Elon Musk on conspiracy theories: Impulse to speak out leads to ‘self-inflicted wounds’

Hindustan Times  

Elon Musk said he is “guilty of many self-inflicted wounds” as the billionaire was questioned in a lawsuit that accused him of promoting a conspiracy theory which indentified a California man as a federal agent posing as a neo-Nazi falsely. “There’s some risk that what I say is incorrect, but one has to balance that against having a chilling effect …

Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
9 months, 3 weeks ago

Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock

Associated Press  

— The lawyers who successfully argued that a massive pay package for Tesla CEO Elon Musk was illegal and should be voided have asked the presiding judge to award them company stock worth $5.6 billion as legal fees. “We are ‘prepared to eat our cooking,’” the Tesla plaintiff attorneys wrote in the court filing, arguing the sum is justified because …

Tesla $56bn payout that made Elon Musk one of the richest was illegal, not fair to shareholders, rules judge
10 months, 3 weeks ago

Tesla $56bn payout that made Elon Musk one of the richest was illegal, not fair to shareholders, rules judge

Firstpost  

A judge in Delaware, US has invalidated the $55.8 billion pay package granted to Elon Musk by Tesla in 2018. Judge Kathaleen McCormick ruled that the approval of the pay package by the Tesla board was “deeply flawed.” Elon Musk, Tesla’s CEO and a major shareholder took to his platform X to express his disappointment in the judgement, advising against …

What You Get When You Go Into Business With Elon Musk
54 years, 11 months ago

What You Get When You Go Into Business With Elon Musk

Slate  

Around the time he was buying Twitter last year, Elon Musk borrowed a billion dollars from a different company he owns: SpaceX, which makes rockets. So he might get a lot of things he wants, even if those things don’t seem like they’ll provide much of a benefit to any shareholder of Company B except for, you know, Musk himself. …

Elon Musk accused of insider trading by investors in Dogecoin lawsuit
1 year, 6 months ago

Elon Musk accused of insider trading by investors in Dogecoin lawsuit

Live Mint  

Tesla Inc CEO Elon Musk is being accused of insider trading by the investors who have brought about a class action lawsuit against the automobile company accusing it of manipulating the cryptocurrency Dogecoin, costing them billions of dollars. The investors have told Manhattan federal court that Elon Musk used micro-blogging site Twitter's posts, paid online influencers, deliberately undertook ‘publicity stunts’ …

Dogecoin jumps as Elon Musk’s Twitter flips logo to Shiba Inu dog
1 year, 8 months ago

Dogecoin jumps as Elon Musk’s Twitter flips logo to Shiba Inu dog

Live Mint  

Dogecoin's Shiba Inu dog replaced Twitter's blue bird as the social media company's logo on Tuesday, helping the meme coin add as much as $4 billion to its market value. The token, born as a satire of a cryptocurrency frenzy in 2013 and has no fundamental use, surged to 10 cents around 1500 EST from 7 cents as Elon Musk …

Elon Musk seeks dismissal of multi-billion dollar lawsuit against Dogecoin
1 year, 8 months ago

Elon Musk seeks dismissal of multi-billion dollar lawsuit against Dogecoin

India TV News  

After getting slapped with a $258 billion dollar lawsuit by Dogecoin investors, Elon Musk and Tesla have argued to dismiss the lawsuit in front of a Manhattan Federal court in the United States. In 2022, Keith Johnson, a dogecoin investor, filed a lawsuit against Elon Musk for artificially inflating the price and called the cryptocurrency a ‘pyramid scheme’. In 2021, …

Musk seeks dismissal of $258 bn ‘fanciful’ Dogecoin lawsuit
1 year, 8 months ago

Musk seeks dismissal of $258 bn ‘fanciful’ Dogecoin lawsuit

Hindustan Times  

Elon Musk asked a U.S. judge on Friday to throw out a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support the cryptocurrency Dogecoin. In an evening filing in Manhattan federal court, lawyers for Musk and his electric car company Tesla Inc called the lawsuit by Dogecoin investors a "fanciful work of fiction" over Musk's "innocuous …

Elon Musk seeks to end $258 billion Dogecoin lawsuit
1 year, 8 months ago

Elon Musk seeks to end $258 billion Dogecoin lawsuit

The Hindu  

Elon Musk asked a U.S. judge on March 31 to throw out a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support the cryptocurrency Dogecoin. In an evening filing in Manhattan federal court, lawyers for Musk and his electric car company Tesla Inc called the lawsuit by Dogecoin investors a "fanciful work of fiction" over Mr. …

Musk didn't defraud investors with 2018 Tesla tweets: jury
1 year, 10 months ago

Musk didn't defraud investors with 2018 Tesla tweets: jury

The Hindu  

A jury on Friday decided Elon Musk didn't defraud investors with his 2018 tweets about electric automaker Tesla in a proposed deal that quickly unravelled and raised questions about whether the billionaire had misled investors. — Elon Musk February 3, 2023 Musk's decision to break away from his other responsibilities to sit in on the closing arguments even though he …

'Elon Musk didn't deceive investors,' says jury over 2018 Tesla tweets
1 year, 10 months ago

'Elon Musk didn't deceive investors,' says jury over 2018 Tesla tweets

Hindustan Times  

A jury on Friday decided Elon Musk didn’t deceive investors with his 2018 tweets about electric automaker Tesla in a proposed deal that quickly unraveled and raised questions about whether the billionaire had misled investors. Nicholas Porritt, an attorney who represented aggrieved Tesla investors, said he was disappointed after urging the jurors in his closing arguments to rebuke Musk for …

Musk tells jury buying Tesla at $420 a share was no joke
1 year, 11 months ago

Musk tells jury buying Tesla at $420 a share was no joke

Hindustan Times  

Elon Musk on Monday told jurors that his 2018 tweet about taking Tesla private at $420 a share was no joke and that Saudi Arabia's sovereign wealth fund was serious about helping him do it. The case revolves around a pair of tweets in which Musk said, "funding secured" for a project to buy out the publicly-traded electric automaker, then …

Explained: Elon Musk, a 4-year old ‘funding secured’ tweet and then lawsuit
1 year, 11 months ago

Explained: Elon Musk, a 4-year old ‘funding secured’ tweet and then lawsuit

Hindustan Times  

Twitter CEO Elon Musk has been sued over a four-year-old tweet in which he said Tesla shareholder's funding was "secured," CNN reported. In the tweet, Elon Musk had said that he was thinking about making Tesla private at a cost of 420 dollars per share, adding "Funding secured." Elon Musk made the claim after he had spoken to executives of …

Elon Musk's Next Drama: A Trial Over His Tweets About Tesla
1 year, 11 months ago

Elon Musk's Next Drama: A Trial Over His Tweets About Tesla

Huff Post  

LOADING ERROR LOADING SAN FRANCISCO — While still grappling with the fallout from a company he did take private, beleaguered billionaire Elon Musk is now facing a trial over a company he didn’t. Musk’s tweets back then fueled a rally in Tesla’s stock price that abruptly ended a week later, after it became apparent that he didn’t have the funding …

Elon Musk's next drama: a trial over his tweets about Tesla
1 year, 11 months ago

Elon Musk's next drama: a trial over his tweets about Tesla

The Hindu  

While still grappling with the fallout from a company he did take private, beleaguered billionaire Elon Musk is now facing a trial over a company he didn't. Mr. Musk's tweets back then fuelled a rally in Tesla's stock price that abruptly ended a week later, after it became apparent that he didn't have the funding for a buyout after all. …

Elon Musk’s next drama: a trial over his tweets about Tesla
1 year, 11 months ago

Elon Musk’s next drama: a trial over his tweets about Tesla

Associated Press  

SAN FRANCISCO — While still grappling with the fallout from a company he did take private, beleaguered billionaire Elon Musk is now facing a trial over a company he didn’t. Musk’s tweets back then fueled a rally in Tesla’s stock price that abruptly ended a week later, after it became apparent that he didn’t have the funding for a buyout …

Dogecoin surges on Elon Musk’s Twitter deal
2 years, 1 month ago

Dogecoin surges on Elon Musk’s Twitter deal

The Hindu  

Dogecoin surged more than 70% on Saturday, extending this week's gains after Elon Musk sealed a $44-billion deal to take over Twitter last week. Cryptocurrency exchange Binance which has invested $500 million into Musk's buyout of Twitter, said it is brainstorming strategies on how blockchain and crypto could be helpful to Twitter. Musk's tweets on Dogecoin, including the one where …

In court brief, Elon Musk says the SEC is unlawfully muzzling him
2 years, 2 months ago

In court brief, Elon Musk says the SEC is unlawfully muzzling him

The Hindu  

U.S. Securities regulators are unlawfully muzzling Tesla CEO Elon Musk, violating his free speech rights by continually trying to enforce a 2018 securities fraud settlement, Mr. Musk's lawyer contends in a court brief. “It forbids future lawful speech on a range of topics absent approval.” Further, Mr. Musk's speech is chilled by the threat of SEC investigations and prosecution for …

Dogecoin investor sues Elon Musk for $258 billion over alleged pyramid scheme
2 years, 6 months ago

Dogecoin investor sues Elon Musk for $258 billion over alleged pyramid scheme

The Hindu  

Elon Musk was sued for $258 billion on June 16 by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency. In a complaint filed in federal court in Manhattan, plaintiff Keith Johnson accused Musk, electric car company Tesla Inc and space tourism company SpaceX of racketeering for touting Dogecoin and driving up its price, …

Elon Musk, Tesla, SpaceX sued over allegations of running Dogecoin Pyramid Scheme
2 years, 6 months ago

Elon Musk, Tesla, SpaceX sued over allegations of running Dogecoin Pyramid Scheme

India Today  

Billionaire Elon Musk has been sued for $258 billion over allegations of running a pyramid scheme to support Dogecoin. The lawsuit was filed by a Dogecoin investor who also sued Musk’s companies Tesla and SpaceX. Johnson, who said he lost his money after having invested in Dogecoin, called himself an “American citizen who was defrauded" by what he referred to …

Musk’s tweets on Tesla funding reckless, court rules
2 years, 7 months ago

Musk’s tweets on Tesla funding reckless, court rules

Al Jazeera  

Judge finds ‘there was nothing concrete’ about Saudi financing to take the electric carmaker private. A US court has ruled that Elon Musk’s 2018 tweets saying funding had been secured to take Tesla private were inaccurate and reckless, delivering a major victory to investors who alleged the billionaire artificially inflated stock prices. US District Judge Edward Chen of San Francisco …

Judge rules Musk’s tweets over taking Tesla private were false, investors say
2 years, 8 months ago

Judge rules Musk’s tweets over taking Tesla private were false, investors say

The Hindu  

A federal judge has ruled that Tesla CEO Elon Musk's 2018 tweets about having secured financing to take the company private were false, according to court filings by Tesla investors suing the billionaire over the tweets. The filing said that the court ruled April 1 that Musk's 2018 tweets were "false and misleading." Investors in the electric car maker asked …

Elon Musk sued by investor over delay in disclosing his Twitter stake
2 years, 8 months ago

Elon Musk sued by investor over delay in disclosing his Twitter stake

LA Times  

Elon Musk’s delay in disclosing his stake in Twitter cost sellers of the company’s stock their rightful profits, says a shareholder suing him. Elon Musk was sued by a Twitter Inc. shareholder who claims the Tesla Inc. chief executive’s delay in disclosing his ownership of more than 5% of the social media company artificially kept its share price down. Musk’s …

Elon Musk's 'Interstellar' Meme on Cryptocurrency Stress Sends Dogecoin to the Moon
2 years, 11 months ago

Elon Musk's 'Interstellar' Meme on Cryptocurrency Stress Sends Dogecoin to the Moon

News 18  

Elon Musk tweeted an Interstellar Crypto meme and as is custom with the Tesla boss’ tweets, it caused DogeCoin to skyrocket. To this, Lee replied saying, “not your keys, not your crypto.” Musk strongly agreed with Lee with his one word response – “Exactly.” CoinCu.com reported that public interest in Doge was reignited earlier this month after Musk’s decision to …

Tesla Fans, Elon Musk Has Good News For You If You Love Dogecoin
2 years, 11 months ago

Tesla Fans, Elon Musk Has Good News For You If You Love Dogecoin

News 18  

Meme-based cryptocurrency Dogecoin jumped on Friday after Tesla CEO Elon Musk said the electric carmaker will accept it as payment for merchandise. Tesla merch buyable with Dogecoin— Elon Musk January 14, 2022 Dogecoin, popular among retail investors, raced up 18 percent to above $0.2 after Friday’s tweet. Musk had earlier confirmed that the company is “most likely” going to resume …

Tesla to accept dogecoin as payment for merchandise, says Musk
3 years ago

Tesla to accept dogecoin as payment for merchandise, says Musk

The Hindu  

Tesla Inc chief Elon Musk said on Tuesday the electric carmaker will accept dogecoin as payment for merchandise on a test basis, sending the meme-based cryptocurrency up 24%. Musk's tweets on the cryptocurrency, including the one where he called it the "people's crypto", have helped the meme coin soar 5,859% over the past year, according to data from Coinbase website. …

Elon Musk Extends Support to Dogecoin Again, Here’s What He Said
3 years ago

Elon Musk Extends Support to Dogecoin Again, Here’s What He Said

News 18  

Tesla and SpaceX CEO Elon Musk has been a supporter of cryptocurrency for a long time and does not shy away from expressing his views on Twitter. Musk was responding to an article by CoinDesk on Twitter that reports “Ethereum’s high transaction fees have made DeFi inaccessible to small investors.” DeFi, or decentralised finance is a system that essentially allows …

Elon Musk's One-word 'Advice' For Dogecoin Cryptocurrency Owners
3 years, 1 month ago

Elon Musk's One-word 'Advice' For Dogecoin Cryptocurrency Owners

News 18  

Tesla CEO Elon Musk has been quite vocal about his faith in Dogecoin, the meme-coin cryptocurrency that shot up in value earlier this year. in a response to a tweet saying that the idea of MyDogeWallet, a Dogecoin Metaverse gateway is to break the dependence on exchanges like Binance and Robinhood. Elon Musk November 24, 2021 Musk did not elaborate …

Elon Musk Disses Binance on Behalf of Dogecoin Cryptocurrency Holders
3 years, 1 month ago

Elon Musk Disses Binance on Behalf of Dogecoin Cryptocurrency Holders

News 18  

Elon Musk wants you to ‘hodl’ onto your Dogecoin cryptocurrency, and wants to take a Doge to the moon. Musk on Tuesday started beef with the Binance Chief Executive Changpeng Zhao on Twitter after the cryptocurrency exchange limited withdrawals of cryptocurrency Dogecoin. A “very small number of users” were affected, they said, explaining that some previously failed Dogecoin withdrawal transactions …

Elon Musk Tweeted a 'Cryptic' Message in Hex. Here's What It Says
3 years, 5 months ago

Elon Musk Tweeted a 'Cryptic' Message in Hex. Here's What It Says

News 18  

Elon Musk wants to colonize Mars, put Dogecoin on the Moon, and share his obsession with memes on Twitter. Musk’s tweets have such a track record of manipulating markets that he has an Internet term named after him: ‘The Musk Effect.’ Musk’s tweets, especially about cryptocurrency, also, have sparked curiosity and led to hundreds of people trying to decode what …

Musk under fire again: CEO to testify over Tesla acquisition
3 years, 5 months ago

Musk under fire again: CEO to testify over Tesla acquisition

Associated Press  

In the runup to Tesla Inc.'s 2016 acquisition of a company called SolarCity, Elon Musk hailed the deal as a “no brainer” — a purchase that would combine the leading maker of electric vehicles with a manufacturer of solar panels that can recharge EVs. Daniel Ives, an analyst at Wedbush Securities, called the acquisition a “clear black eye” for Musk …

Crypto investors to Elon Musk: Please stop tweeting!
3 years, 7 months ago

Crypto investors to Elon Musk: Please stop tweeting!

CNN  

New York CNN Business — The prices of bitcoin, dogecoin and other digital currencies have plunged more than 40% in recent weeks. Whether it’s going on “Saturday Night Live” and joking that dogecoin is a “hustle” or having his epiphany that bitcoin mining may not be great for the environment, Musk’s behavior has cryptocurrency bulls wishing he would stop tweeting …

Bitcoin price on another wild ride after Elon Musk tweets about Tesla holdings
3 years, 7 months ago

Bitcoin price on another wild ride after Elon Musk tweets about Tesla holdings

CNN  

Hong Kong CNN Business — Elon Musk is once again giving crypto markets whiplash. Musk responded simply about an hour later: “Indeed.” Within hours, bitcoin had fallen below $43,000, having lost more than 8% over the last day, according to cryptocurrency tracker Coinbase. Musk’s posts came just days after he caused another stir last week, while announcing that Tesla would …

Dogecoin co-founder says didn't think of environmental impact and made it in two hours
3 years, 7 months ago

Dogecoin co-founder says didn't think of environmental impact and made it in two hours

India Today  

Bitcoin has been on a downward trajectory ever since billionaire SpaceX and Tesla CEO Elon Musk announced that his car company will stop taking payments in Bitcoin, citing environmental reasons. Billy Markus, the software engineer who co-created the coin, recently revealed that he had made the crypto in just two hours and didn’t think of its environmental impact. In his …

Elon Musk Dogecoin interest is not new, he is in touch with developers since 2019
3 years, 7 months ago

Elon Musk Dogecoin interest is not new, he is in touch with developers since 2019

India Today  

Dogecoin developers have confirmed that Tesla CEO Elon Musk has been advising the developers since 2019. Dogecoin soared on Friday after Elon Musk said he was working with the crypto's developers to improve its efficiency as a means of payment. Ross Nicholl, one of four part-time Doge developers, told crypto website Decrypt that the team has worked with Elon Musk …

How murky legal rules allow Tesla’s Elon Musk to keep moving markets
3 years, 7 months ago

How murky legal rules allow Tesla’s Elon Musk to keep moving markets

Live Mint  

With his cult following, Tesla boss Elon Musk has amassed considerable power to move markets with his musings, but murky rules make it difficult for regulators to rein him in. A Musk tweet on Wednesday that Tesla would no longer accept payments in bitcoin sent the cryptocurrency tumbling 17%, roiling bitcoin futures and dragging down the broader cryptocurrency market. But …

Elon Musk’s net worth plunges after controversial SNL appearance
3 years, 7 months ago

Elon Musk’s net worth plunges after controversial SNL appearance

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk’s net worth …

Bitcoin and Dogecoin Are at Elon Musk’s Mercy
54 years, 11 months ago

Bitcoin and Dogecoin Are at Elon Musk’s Mercy

Slate  

The most consequential characters that Tesla and SpaceX CEO Elon Musk played during his Saturday Night Live hosting gig over the weekend were not Wario and a murderous priest. SpaceX announced on Monday that it was accepting Dogecoin as payment from another private space company called Geometric Energy Corporation to launch a 40 kilogram satellite called DOGE-1 to the moon …

Goldman Sachs Senior MD Quits Job after Making Millions Selling Dogecoin
3 years, 7 months ago

Goldman Sachs Senior MD Quits Job after Making Millions Selling Dogecoin

News 18  

Days after the value of Dogecoin dipped following Tesla CEO Elon Musk calling it a ‘hustle’ during his recent appearance on the comedy show ‘Saturday Night Live’, reports of a Goldman Sachs Managing Director who quit after making millions dealing in Dogecoin has caused a stir in the world of crypto. Dogecoin, a cryptocurrency that started almost as a joke …

’Do you want Tesla to accept Doge?’ Elon Musk runs a poll on Twitter
3 years, 7 months ago

’Do you want Tesla to accept Doge?’ Elon Musk runs a poll on Twitter

Live Mint  

Elon Musk today asked his followers in a poll on microblogging site Twitter whether Tesla should accept payment in dogecoin, the meme-inspired cryptocurrency, which began as a social media joke in 2013. Musk's recent tweet comes just days after his commercial rocket company, SpaceX, said that it would accept dogecoin as payment. Dogecoin slumps The cryptocurrency lost more than a …

Dogecoin sees value slash after Musk calls it a ‘hustle’
3 years, 7 months ago

Dogecoin sees value slash after Musk calls it a ‘hustle’

Al Jazeera  

Starting as a joke, Dogecoin surged more than 16,000 percent the past year but was down 36 percent after Musk’s comment. It’s an unstoppable financial vehicle that’s going to take over the world.” When a show cast member Michael Che countered: “So, it’s a hustle?” Musk replied: “Yeah, it’s a hustle,” and laughed. “I think he’s having a lot of …

Elon Musk’s SNL Episode Was a Real Roller Coaster for Dogecoin
54 years, 11 months ago

Elon Musk’s SNL Episode Was a Real Roller Coaster for Dogecoin

Slate  

In the run-up to Elon Musk’s hosting gig on Saturday Night Live this weekend, the Tesla CEO gave holders of Dogecoin good reason to bet that he would use the show to promote the cryptocurrency—and as a result, the token surged. For the latest updates, check https://t.co/ZS733G6N1J — Robinhood Help May 9, 2021 But then, two minutes later, Musk came …

Dogecoin tumbles after Elon Musk calls it a 'hustle' on ‘SNL’ show
3 years, 7 months ago

Dogecoin tumbles after Elon Musk calls it a 'hustle' on ‘SNL’ show

The Hindu  

The value of dogecoin dropped sharply in early U.S. hours on Sunday, after Tesla chief and cryptocurrency supporter Elon Musk called it a ‘hustle’ during his guest-host spot on the Saturday Night Live comedy sketch TV show. It’s an unstoppable financial vehicle that’s going to take over the world.” When a show cast member Michael Che countered, “So, it’s a …

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