Musk says most crypto coins are scams as OpenAI ICO plans surface in court
Crypto Briefing
Elon Musk testified that most cryptocurrencies are scams during a trial involving OpenAI, which also revealed early internal discussions about launching an ICO.Summary
During a high-stakes trial against OpenAI, Elon Musk stated that while some cryptocurrencies have merit, most are scams. The testimony coincided with the revelation of early OpenAI emails discussing plans for an initial coin offering (ICO) to fund the company. Despite his critical view of the broader crypto market, Musk remains a supporter of Dogecoin and maintains personal and corporate Bitcoin holdings through Tesla.
(Source：Crypto Briefing)