- Tesla CEO Elon Musk slammed with new class action lawsuits: A US citizen, Keith Johnson lodged the suit against Musk and his business Tesla and SpaceX on behalf of himself and those similarly situated in the Southern District of New York today.
Johnson alleged Musk's tweets and public messages drove a significant price spike in DOGE and encouraged people to invest constituting cryptocurrency Ponzi scheme.
You will recall that the Anonymous group threatened Elon Musk about this action a year ago.
- Binance CEO is ready to support Elon Musk' Twitter Purchase Endeavor: In his most recent Bloomberg interview CZ says this would be one of the biggest purchase in the world. The host asked why CZ is still so committed to the Twitter deal while Musk himself is not showing any interest in buying the platform. CZ stated that Elon Musk's bid backers are simply following his lead and are ready to proceed with the funds needed or withdraw them if Musk' waves the deal off.
Binance CEO @cz_binance says he's committed to Elon Musk's bid for Twitter, if Musk is.
— Bloomberg TV (@BloombergTV) June 16, 2022
"He's leading, we're following. If he goes through with the deal, we are committed. If he doesn't, then we are off" https://t.co/1pm7gQsE5j pic.twitter.com/G0ckHleEaM
- El Salvador's Minister dismisses Bitcoin crash despite 50% loss in reserves: Despite El Salvador being at a $50 million loss with their Bitcoin investment, the country's Finance Minister Alejandro Zelaya refuses to acknowledge it, claiming the losses are "fake and don't count".
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