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ELON MUSK AT COURT: "MOST CRYPTO IS A SCAM" âïžâżđ„
Latest Statement: During cross-examination in Oakland court, Elon Musk declared âsome crypto have value, but most are scamsâ, pointing out massive speculation and fraud in the space.
Context: Comment made while discussing OpenAIâs original ICO plan.
Muskâs History: In 2021 he drove Teslaâs $1.5B Bitcoin purchase and Dogecoin hype. Tesla now holds only 11,509 BTC (~$786M book value) after selling ~75%.
Musk remains vocal about crypto risks. While still holding some Bitcoin, his latest remark highlights ongoing caution toward most altcoins and reminds the market of high scam potential.
$BTC $ETH $XRP
#DailyOrbit #MuskVsAltman130BTrial

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