Elon Musk Facing FBI Investigation For Dogecoin Ponzi Scheme

Elon Musk Facing FBI Investigation For Dogecoin Ponzi Scheme

Elon Musk is rumored to be facing scrutiny by the FBI for allegedly pumping Dogecoin and dumping it on investors who aren’t quite sure what the currency is, or does. While the FBI did not confirm this investigation they released a statement saying. “It is important for people to know what they’re getting into. Just because someone is wealthy and seen as smart, that doesn’t mean you should take financial advice from them. We intend to prosecute anyone who partakes in ponzi schemes, pump and dump like schemes.”

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Q1 2021 hedge fund letters, conferences and more

Elon Musk: Dogecoin Will Live Forever

Musk responded to the rumored headlines in a tweet stating “Good luck catching my rocket. Doge will live forever. #dogefather.” Musk fans appeared to be happy with their technoking crapping on the federal government, many of whom begged Elon to start his own nation free from communist Joe Biden’s grimey hands. Musk is set to host Saturday Night Live in the coming weeks though it is unclear if he will be in the country by the time it airs.

Q1 Letter: Activist Firm Legion Believes There’s Value In Retail

Legion Partners, the Los Angeles-based hedge fund, generated a net return of 15.6% during the first quarter of 2021. According to a copy of the firm’s first-quarter letter, which ValueWalk has been able to review, the fund’s flagship fund owned 12 positions across six sectors at the end of March. Legion’s assets under management totaled Read More

Article By Osiris Foux

This post first appeared on The Stonk Market

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