{"id":88313,"date":"2026-05-01T05:02:30","date_gmt":"2026-05-01T05:02:30","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=88313"},"modified":"2026-05-01T05:02:30","modified_gmt":"2026-05-01T05:02:30","slug":"elon-musk-says-most-cryptocurrencies-are-scams-while-some-have-merit-during-openai-trial-report","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=88313","title":{"rendered":"Elon Musk Says Most Cryptocurrencies Are &#8216;Scams,&#8217; While Some Have &#8216;Merit&#8217; During OpenAI Trial: Report"},"content":{"rendered":"<div>\n<p><strong>Elon Musk <\/strong>said most cryptocurrencies are &#8220;scams&#8221; during his Thursday testimony in the <strong>OpenAI <\/strong>trial, according to a reporter covering the case.<\/p>\n<h2 class=\"wp-block-heading\">Musk\u2019s Response To Initial Coin Offering Question<\/h2>\n<p><strong>Mike Isaac<\/strong>, a tech reporter from The New York Times, quoted Musk explaining cryptocurrency to the jury in the Federal Courthouse in downtown Oakland.<\/p>\n<p>\u201cSome of them have merit, but most of them are scams,\u201d Musk was quoted as saying.<\/p>\n<p>The comment was in response to a question about OpenAI\u2019s reported plans to raise funds through an initial coin offering\u2014a cryptocurrency-based fundraising\u2014in 2018, Issac said.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Elon Musk explaining what cryptocurrency is to the jury: &#8220;Some of them have merit, but most of them are scams.&#8221; <\/p>\n<p>this is responding to early emails where OpenAI discussed holding an ICO, or initial coin offering, in order to fund the company. <\/p>\n<p>(back then, ICOs were en vogue\u2026)<\/p>\n<p>\u2014 rat king \ud83d\udc00 (@MikeIsaac) <a href=\"https:\/\/twitter.com\/MikeIsaac\/status\/2049522528163643466?ref_src=twsrc%5Etfw\">April 29, &#8230;<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/05\/52204302\/elon-musk-most-cryptocurrencies-are-scams-some-have-merit-openai-trial-report?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Elon\" musk says most cryptocurrencies are while some have during openai trial: report>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk said most cryptocurrencies are &#8220;scams&#8221; during his Thursday testimony in the OpenAI trial, according to a reporter covering the case. Musk\u2019s Response To Initial Coin Offering Question Mike Isaac, a tech reporter from The New York Times, quoted Musk explaining cryptocurrency to the jury in the Federal Courthouse in downtown Oakland. \u201cSome of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-88313","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/88313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=88313"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/88313\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=88313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=88313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=88313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}