The Week in Crypto: Elon Musk, Red Flags & More

Chris Cluff

Fri, Jun 24, 2022, 2:01 PM

Elon Musk continued to boost Dogecoin on social media even as one investor sued him for $258 billion, accusing him of masterminding a pyramid scheme to support the cryptocurrency.

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Elsewhere, we looked at red flags to look for when investing in cryptocurrency, as well as some crypto purchase that burned investors and five long-term currencies to consider.

Check out the Week in Crypto.

This article originally appeared on GOBankingRates.com: The Week in Crypto: Elon Musk, Red Flags & More

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