Elon Musk, during a recent X Takeover event, advised people not to trust any cryptocurrency projects that use his image or name.
Elon Musk’s decision to shift away from crypto promotion highlights the rising risks and scams in the digital currency space.Musk’s bold move amidst rising scams
Amid a rising tide of social media scams involving crypto, Musk pledged to stop promoting digital currencies. This move marked a significant shift in his approach, reflecting growing concerns about the impact of fraudulent schemes on the crypto community.He warned that these projects are likely scams, and emphasized that he is not involved in promoting such crypto ventures.“I’m not going to be promoting crypto — at most, in a joking way,” the billionaire said. “If you see me pumping crypto, it’s not me.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Intent to personally support Dogecoin’ Elon Musk says, as DOGE drops 15%DOGE fell by 15.55% in the last 24 hours, causing a 20.1% decline in the memecoin market as per market reports.
Read more »
Elon Musk, Bill Ackman voice support for Trump after attackTesla (TSLA) CEO Elon Musk and billionaire hedge-fund manager Bill Ackman, among other business leaders, have taken to X (formerly Twitter) to express...
Read more »
The billionaires backing Trump won’t put him over the topElon Musk's endorsement of Donald Trump could benefit Joe Biden--if Biden plays it right
Read more »
Elon Musk Giving Massive Amounts To Trump Super PAC: ReportsLydia is a HuffPost senior reporter in her hometown of San Francisco and a graduate of the University of Southern California's Annenberg School of Journalism. She has worked at HuffPost since 2013, when she was selected for that year's class of editorial fellows.
Read more »
Elon Musk to give US$45 million a month to pro-Trump super PACElon Musk is pledging to pour US$45 million a month into a pro-Donald Trump political group, according to people familiar with the matter, a move that would flood the Republican nominee’s reelection effort with cash through the November election.
Read more »
Newsom Bans Schools From Telling Parents if Child Identifies as Transgender, Uses Different PronounsElon Musk is pulling SpaceX out of California.
Read more »