Dogecoin

Tesla CEO Elon Musk finds himself at the center of a legal dispute with a group of Dogecoin investors claiming he manipulated the cryptocurrency. Now, the plaintiffs allege that Musk is financing an “unlawful harassment campaign” against them.

Investors have claimed that Tesla and Twitter CEO Elon Musk ran a pyramid scheme to boost the price of the popular Dogecoin cryptocurrency, and are suing Musk for $258 billion in damages.

The price of Bitcoin increased by around four percent on Monday after Tesla CEO Elon Musk tweeted that he was in discussions with North American Bitcoin miners about the environmental sustainability of the cryptocurrency.

An anti-Elon Musk cryptocurrency coin called $STOPELON has reportedly joined the digital currency market following Musk’s negative comments about Bitcoin.

Tesla and SpaceX CEO Elon Musk has called for a new carbon tax in a recent social media post, just days after announcing that Tesla would no longer be accepting Bitcoin as payment due to environmental concerns.

Elon Musk, the CEO of Tesla and a major proponent of cryptocurrency, has announced that the company will no longer accept Bitcoin as a form of payment for its cars citing Bitcoin mining’s “great cost to the environment.”

Elon Musk’s SpaceX is reportedly now accepting the cryptocurrency Dogecoin as payment and plans to launch a satellite to the moon named DOGE-1 paid for entirely with the cryptocurrency.