Tesla founder Musk replied to a bet tweet from a Twitter user today that he is willing to pay 1 million dog coins to prove that he indeed owns the Emerald Mine; Musk previously released the Twitter platform logoExchange for dog currencyTwitter may be included in the lawsuit of Ponzi scheme.Elon Musk4 TwitterLogoExchange for dog currencyDogecoin37%Today (13 days), Musk replied on Twitter to a user of UX/UI and graphic designer, who are engaged in dogcoin, DogeDesigner
Tesla founder Musk replied to a bet tweet from a Twitter user today that he is willing to pay 1 million dog coins to prove that he indeed owns the Emerald Mine; Musk previously released the Twitter platform logoExchange for dog currencyTwitter may be included in the lawsuit of Ponzi scheme.
Elon Musk4 TwitterLogoExchange for dog currencyDogecoin37%
Today (13 days), Musk replied on Twitter to a user of UX/UI and graphic designer, who are engaged in dogcoin, DogeDesigner. Regarding the bet on whether Musk himself owns the "emerald mine", the KOL said that it is willing to pay 69.42 dogcoin to the media who found the real existence of the mine, and expressed support for Musk's position that in fact he does not own the emerald mine.
Musk responded to the tweet and offered 1 million dog coins as a bet, stating that he never owned this gem mine:
I am willing to pay one million dog coins to prove the existence of this mine!
This tweet once again highlights Musk's support for Dogcoin, as well as rumors that he himself may be a giant whale of Dogcoin.
What is emerald?
Emerald is a gemstone grade beryl, often referred to as an emerald. Commonly used for making religious ritual items and expensive jewelry.
Musk denies possession of an emerald mine and refutes rumors of racism
Musk once again denied rumors of owning an emerald mine in an interview with BBC on Wednesday, although Musk mentioned in a 2014 interview with Forbes that his father, ErrolMusk, owns a stake in the emerald mine in Zambia, although the interview was quietly taken down later.
This year, the rumor has once again caught the attention of the community and caused controversy over whether Musk is a beneficiary of South Africa's apartheid policy. Musk and his mother also clarified the news on Twitter earlier this year, saying at the time that "the fake emerald mine thing is really annoying (sigh). Where the hell is this thing
Twitter may be involved in the defendant list of "Ponzi scheme"
Musk was involved in a class action lawsuit last year because of the dog coin. The dog coin investors initially filed a class action lawsuit in September, accusing the dog coin of being a Ponzi scheme manipulated by Musk, and claiming $258 billion from Musk, his Tesla, space company SpaceX, infrastructure company Boring Company, and the dog coin foundation and other defendants.
The Musk team of lawyers previously submitted legal documents to the Manhattan Federal Court at the end of March, requesting the judge to dismiss the $258 billion dog currency "extortion" lawsuit.
The appointed lawyer for the plaintiff in this case revealed that due to Musk's move to change Twitter's logo to dog currency and exchange it back for the original logo, the price of DOGE skyrocketed and plummeted. He believes that this move may drag Twitter into this case. According to CoinGecko data, Musk's replacement of the Twitter logo caused DOGE to soar by over 31%, breaking the $0.1 mark. However, it has now plummeted by 16% to $0.083.
After reviewing the defendant's motion to dismiss, we are more confident than ever that we will win in this situation.
Our objection will be submitted within 60 days. After the court makes a ruling in our favor, we will submit a motion to add Twitter as the defendant.
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