Will Twitter be dragged into the Elon Musk Dogecoin lawsuit? This question is on the minds of many following a significant development in the ongoing $258 billion lawsuit filed by Dogecoin investors against entrepreneur Elon Musk (Johnson v. Musk, 1:22-cv- ). This week, Dogecoin investors involved in an ongoing multibillion-dollar lawsuit against Tesla CEO Elon Musk amended their lawsuit to highlight how the social media giant Twitter could find itself named alongside Elon Musk, Tesla, and the Dogecoin Foundation in an ongoing class action lawsuit that claims doge is a Ponzi scheme.

If the plaintiffs get their way, Twitter will be added as a defendant in the class action lawsuit that alleges dogecoin is a Ponzi scheme being manipulated by Elon Musk. The amended complaint aims to demonstrate how Musk allegedly used Twitter to pump up Dogecoin's price, leading to significant financial losses for investors. Musk’s attorneys argued on Monday that the billionaire’s legal battle with a group of disgruntled Dogecoin investors has dragged on for too long.

The core allegation is that Dogecoin is a Ponzi scheme. New court documents implicate Twitter in the scheme. If successful, Twitter will be added as a defendant in the class action lawsuit that alleges dogecoin is a Ponzi scheme being manipulated by Elon Musk.

The Securities and Exchange Commission (SEC) lawsuit against Elon Musk, stemming from his acquisition of Twitter (now X), is a landmark case with far-reaching implications. While the SEC case is separate, it underscores the scrutiny surrounding Musk's activities and their potential impact on financial markets. Whether this adds more pressure, or will Twitter be dragged into the Elon Musk Dogecoin lawsuit, remains to be seen.