Elon Musk tells jury most crypto coins are scams in OpenAI trial

Elon Musk told a jury in Oakland that some crypto assets have merit but most crypto coins are scams during testimony tied to his legal battle with OpenAI. The exchange centered on OpenAI’s short-lived 2018 plan to raise funds through an initial coin offering. OpenAI has said Musk supported that fundraising plan, while Musk claims the company later breached its founding contract by aligning with Microsoft and selling commercial products.

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