In a recent interview for Bloomberg, Elon Musk said that he never encouraged people to join the crypto ecosystem. Elon Musk, the world's richest man and CEO of Tesla, has expressed his views on cryptocurrency on several occasions. In particular, he is considered a favorer of Mime Coin, Dogecoin. Last year, after one of his comments, the price of this coin had seen a jump of up to 35 percent. Once he had mentioned 'Baby Dodge' in his tweet. After this, the valuation of 'Baby Dodge Coin' has increased by 90 percent. However, Elon Musk has now said that he has never requested people to distribute their assets in cryptocurrency. Allen said that he has invested in bitcoin, but this investment is only a small part of his total capital.

As reported by cryptopotato, in a recent interview for Bloomberg, Elon Musk said that he never encouraged people to join the crypto ecosystem. Elon Musk said- I never said that people should invest in crypto. Last year, Musk revealed to the world that he owned cryptocurrencies like bitcoin, ethereum and dodgecoin. Now he says that BTC is a part of his portfolio, but it is only a small part of his net worth. Musk said that in the case of Tesla, SpaceX, we all have bought some bitcoin, but it is a small percentage of our total cash assets.

Elon Musk's recent statement appears completely different from his previous views. Till several months ago, he used to write a lot about Dodgecoin. Elon Musk even went so far as to say that dodgecoin is much better than bitcoin for payments, despite being made up as a joke. Now why is Musk appearing to defend himself on cryptocurrency? Perhaps this could be due to the lawsuits that have been brought against Elon Musk.

Recently, Elon Musk has been sued by a Dogecoin investor for $258 billion (about Rs 20,13,831 crore). Investors are outraged that Musk is running a special pyramid scheme to support this meme coin. Lawyers for the investor who filed the case have yet to present any solid evidence to prove that Musk