Lawsuit on Behalf Elon Musk and His Companies

Additionally, Elon Musk and his organization are jailed for dogecoin extortion

A lawsuit against Tesla Inc's TSLA chief Elon Musk accusing him and his electric vehicle organization of racketeering has apparently been expanded.

What happened: The $258 billion claim was expanded to include seven new injured parties with financial support and six new respondents, including his exhaust development firm Exhausting Co. SpaceX, the space exploration company that Musk leads, was also previously named, as detailed by Reuters. .

The Dogecoin Establishment was additionally added to the list of new litigants for the situation recorded as Johnson et al v. Musk et al in the US District Court for the Southern District of New York, as reported by Reuters.

Johnson sought $86 billion in punitive fees and an additional $172 billion in treble damages, along with an injunction barring Musk and the organizations from promoting DOGE and declaring the digital currency illegal under U.S. regulations, and what's more, under New York regulations.

The primary aggrieved party guaranteed that the respondents "gained a huge amount of dollars" at the expense of Dogecoin's financial backers, warning that memecoin needs a different value and its value is based "only on publicity".