Stock Market News

Elon Musk is sued over $1 million election giveaway

2024.11.05 17:16

By Jonathan Stempel

(Reuters) – Elon Musk was sued in a proposed class action on Tuesday by registered voters who signed his petition to support the Constitution for a chance to win his $1 million-a-day giveaway, and now claim it was a fraud.

The complaint filed by Arizona resident Jacqueline McAferty in the Austin, Texas federal court said Musk and his America PAC organization falsely induced voters to sign by claiming they would choose winners randomly, though they were predetermined.

She also said the defendants profited from the giveaway by driving traffic and attention to Musk’s X social media platform, and by collecting personal information such as her name, address and phone number that they could sell.

A lawyer for Musk and lawyers for McAferty did not immediately respond to requests for comment on the complaint.

McAferty sued one day after a Philadelphia judge denied a request by that city’s district attorney Larry Krasner to end the giveaway, which Krasner called an illegal lottery.

That ruling was largely symbolic because Musk has no plans to give out more money following the U.S. presidential election.

The world’s richest person opened the giveaway to voters in seven battleground states who signed a petition to support free speech and gun rights. Tuesday’s lawsuit seeks at least $5 million in damages for everyone who signed.

Musk is a Texas resident and his electric car company Tesla (NASDAQ:) is based in Austin.

© Reuters. FILE PHOTO: Tesla CEO and X owner Elon Musk speaks during a rally for Republican presidential nominee and former U.S. president Donald Trump, at the site of the July assassination attempt against Trump, in Butler, Pennsylvania, U.S., October 5, 2024. REUTERS/Carlos Barria/File Photo

He has supported Republican Donald Trump in the presidential race against Democratic Vice President Kamala Harris.

The case is McAferty v Musk et al, U.S. District Court, Western District of Texas, No. 24-01346.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 69,536.63 2.40%
ethereum
Ethereum (ETH) $ 2,426.99 1.05%
tether
Tether (USDT) $ 1.00 0.05%
bnb
BNB (BNB) $ 564.22 1.98%
solana
Solana (SOL) $ 166.95 5.37%
usd-coin
USDC (USDC) $ 1.00 0.05%
xrp
XRP (XRP) $ 0.5149 2.28%
dogecoin
Dogecoin (DOGE) $ 0.170258 5.66%
staked-ether
Lido Staked Ether (STETH) $ 2,424.56 1.09%
tron
TRON (TRX) $ 0.160295 1.73%
cardano
Cardano (ADA) $ 0.334305 2.30%
the-open-network
Toncoin (TON) $ 4.68 0.52%
shiba-inu
Shiba Inu (SHIB) $ 0.000018 5.13%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,877.71 1.12%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 69,281.56 2.17%
avalanche-2
Avalanche (AVAX) $ 24.07 5.79%
weth
WETH (WETH) $ 2,426.96 1.07%
chainlink
Chainlink (LINK) $ 10.83 5.32%
bitcoin-cash
Bitcoin Cash (BCH) $ 343.63 4.23%
sui
Sui (SUI) $ 2.01 7.63%
leo-token
LEO Token (LEO) $ 6.04 0.17%
usds
USDS (USDS) $ 0.994566 0.05%
polkadot
Polkadot (DOT) $ 3.87 2.81%
litecoin
Litecoin (LTC) $ 65.62 0.08%
near
NEAR Protocol (NEAR) $ 3.82 4.73%
aptos
Aptos (APT) $ 8.47 4.72%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,552.66 0.91%
uniswap
Uniswap (UNI) $ 7.24 6.07%
pepe
Pepe (PEPE) $ 0.000009 7.45%
internet-computer
Internet Computer (ICP) $ 7.37 4.51%
bittensor
Bittensor (TAO) $ 458.62 8.71%
dai
Dai (DAI) $ 1.00 0.01%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.26 10.78%
monero
Monero (XMR) $ 158.60 0.13%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.02%
stellar
Stellar (XLM) $ 0.093806 2.75%
kaspa
Kaspa (KAS) $ 0.111276 6.77%
whitebit
WhiteBIT Coin (WBT) $ 19.07 0.95%
ethereum-classic
Ethereum Classic (ETC) $ 18.25 3.53%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.33%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.30445 3.72%
blockstack
Stacks (STX) $ 1.52 4.14%
okb
OKB (OKB) $ 38.01 1.87%
dogwifcoin
dogwifhat (WIF) $ 2.11 8.72%
aave
Aave (AAVE) $ 136.43 5.92%
filecoin
Filecoin (FIL) $ 3.40 3.41%
crypto-com-chain
Cronos (CRO) $ 0.072282 2.20%
arbitrum
Arbitrum (ARB) $ 0.491766 3.55%
mantle
Mantle (MNT) $ 0.562142 1.80%
immutable-x
Immutable (IMX) $ 1.08 2.24%