Elon Musk Comments on Cryptocurrencies During OpenAI Trial Testimony

During his testimony at the OpenAI trial, Elon Musk stated that most cryptocurrencies are 'scams,' though some have merit. His remarks came in response to questions about initial coin offerings (ICOs) and reflect a long-standing mixed stance toward cryptocurrency.

By Aniket Verma May 2, 2026 8 min read · Yahoo Finance ·

Elon Musk Comments on Cryptocurrencies During OpenAI Trial Testimony

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Topics: cryptocurrencies Elon Musk ICO OpenAI trial

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