CLEARED THE WAY

Last updated: June 16, 2025, 00:31  |  Written by: Ari Paul

Cleared The Way
Cleared The Way

Billy Marcus

Elon Musk sued for $258bn over claims he ran a pyramid scheme

A Dogecoin investor has sued the Tesla and SpaceX boss, alleging that Elon Musk engaged in a pyramid scheme by promoting DOGE on Twitter and through his firms.

Billy Marcus, the co-founder of the popular memcoin project Dogecoin (DOGE), has reacted to a lawsuit slammed against Tesla exec Elon Musk for promoting the

Investors Who Lost Tens Of

Musk Beats Suit Over Promoting Dogecoin ‘Pyramid Scheme’

Dogecoin investor lawsuit against Elon Musk dropped

Investors who lost tens of thousands of dollars investing in the token faulted Musk for promoting it to his millions of followers on Twitter (now X) with statements like “One

Elon Musk And His Lawyers

Banking on the same, an individual decided to label Dogecoin a pyramid scheme and accused Musk of engaging in it. These speculations led to a lawsuit against Musk

‘Dogecoin pyramid scheme’ promotion lands Elon Musk in $258B

Elon Musk and his lawyers reportedly requested a United States judge dismiss a $258 billion lawsuit filed by investors who alleged he operated a pyramid scheme to

Dogecoin Investors Filed A

Dismissed: Elon Musk Wins Lawsuit Over $DOGE 'Pump And

Dogecoin Founder: If DOGE Is A Pyramid Scheme Then Same

Dogecoin investors filed a $258 billion lawsuit against Musk and Tesla in 2025, initially accusing the Tesla CEO and his company of engaging in a “Crypto pyramid

The Complaint Noted How Musk

The complaint noted how Musk allegedly used his pedestal as a billionaire to operate and manipulate the Dogecoin Pyramid Scheme for profit, exposure and amusement.

Elon Musk and Tesla were accused of artificially driving up Dogecoin’s price by over 36,000% before allowing it to crash. A federal judge dismissed the $258 billion lawsuit

Musk escapes Dogecoin manipulation charges as lawsuit is

Elon Musk Is Being Sued

Elon Musk requests dismissal of $258B Dogecoin lawsuit: Report

Dogecoin creator on labeling it a pyramid scheme- let's sue

Elon Musk is being sued for $258bn (£209bn) over accusations he ran a pyramid scheme to promote a cryptocurrency called Dogecoin. The digital asset was launched

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