Despite the lawsuit against him, Elon Musk has once again publicly shown his support for Dogecoin.
Last week a news was made public $258.000 billion lawsuit against Elon Musk. Filed by a group of users who claim to “feel scammed”The lawsuit demands that the billionaire owner of Tesla pay an exorbitant amount of money, accusing him of having used his image to, supposedly, “trick” users into getting involved in a “Ponzi scheme.”
Following the publication of the lawsuit against him, Elon Musk published a brief tweet in which he stated: “I will continue to support Dogecoin".
The lawsuit has not affected Elon Musk at all, who has not hesitated to continue showing his support for Dogecoin. On the other hand, the crypto community has not been moved by the lawsuit either. In fact, a Most users have ridiculed her, pointing out that it has neither head nor tail.
On Saturday, Billy Markus, one of the creators of Dogecoin who recently disassociated himself from the project, advised developers to focus on Offer better use cases for cryptocurrency and developing security improvements. Musk echoed Markus's words, explaining that Dogecoin needs to become more like a currency.
Musk even explained that he was open to using Dogecoin as payment for some services besides Tesla and SpaceX trading.
Scams impersonating Elon Musk
Musk came across a Deep Fake video (a video in which his image is created using virtual reality) circulating on social media. The video recreated a fake TED talk in which the billionaire appeared to promote a Cryptocurrency platform that offered 30% profitability in cryptocurrency deposits. Immediately, the owner of Tesla assured that it was not him.
Being a very important figure with great influence in the crypto world, Musk is regularly impersonated in order to deceive users.
In fact, one of Elon Musk's priorities when buying Twitter will be Eliminate most of the bots and fake accounts that promote scams. On this subject, Musk has pointed out that, “if I had a Dogecoin for every crypto scam I’ve seen on Twitter, I’d have over 100.000 billion Dogecoin.”
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