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ABC News
ABC News
National

Elon Musk sued by investor for $367 billion over 'Dogecoin Crypto Pyramid Scheme'

The lawsuit claims Elon Musk increased the price, market cap and trading volume of dogecoin through promoting it. (Reuters: Joe Skipper)

An investor in dogecoin, originally created as a joke but whose value increased and fell as it was promoted by Elon Musk, has filed a $US258 billion ($367 billion) lawsuit against the billionaire and his companies Tesla and SpaceX.

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