Elon Musk Comments on Cryptocurrencies in Court Hearing

Tesla CEO Elon Musk reportedly stated in a recent court hearing that 'most' cryptocurrencies are scams. This remark comes amid his ongoing lawsuit against OpenAI and could influence market sentiment toward crypto assets, particularly Dogecoin (DOGE-USD) and Bitcoin (BTC-USD), which have previously been impacted by Musk's public statements.

By Pooja Rajkumari Fri, May 1, 2026 at 1:08 AM GMT+3 2 min read · Yahoo Finance · April 30, 2026, 22:08 UTC

Tickers: $MSFT $TSLA

Topics: Bitcoin Cryptocurrency Dogecoin Elon Musk OpenAI lawsuit

Read the full article at Yahoo Finance

More World news

Jacobs Solutions Declares Quarterly Dividend of $0.36 Per Share Seeking Alpha · November 12, 2026, 16:39 UTC
SOLV Energy Raises Revenue Guidance Following Record Q3 Project Execution Seeking Alpha · November 12, 2026, 16:40 UTC
LiveWorld Reports Q3 Revenue of $2.98 Million and GAAP EPS of -$0.01 Seeking Alpha · November 12, 2026, 16:37 UTC
Jensen Huang Resigns as Nvidia CEO Amid Allegations of Chinese Espionage The Verge · November 12, 2026, 16:30 UTC
Rising New Vehicle Monthly Payments Pose Affordability Risks for Ford and General Motors Motley Fool · November 12, 2026, 16:33 UTC
SpaceX Shares Rise Following Nvidia CEO Jensen Huang Resignation Motley Fool · November 12, 2026, 16:34 UTC
tZERO Receives CFTC Approval for Derivatives Exchange and Clearing Operations PR Newswire · November 12, 2026, 16:36 UTC
enGene Therapeutics Shares Surge Following Positive Mid-Stage Trial Data and Piper Sandler Upgrade Seeking Alpha · November 12, 2026, 16:33 UTC
Former Nvidia CEO Jensen Huang to Testify Before Congress Regarding Export Controls and Security Concerns TechCrunch · November 12, 2026, 16:36 UTC
Nobu Hospitality and Infracorp Partner to Develop Luxury Destination in Bahrain PR Newswire · November 12, 2026, 16:34 UTC