Elon Musk Chose This Coin After SEC's Litigation Shock! - Coinleaks
Current Date:November 7, 2024

Elon Musk Chose This Coin After SEC’s Litigation Shock!

Elon Musk continues to talk about Dogecoin on social media despite the tension caused by the SEC lawsuits.

Elon Musk tweets Dogecoin amid SEC tensions

About an hour ago, former Twitter CEO Jack Dorsey supported Pierre Rochard, who recommended that Coinbase focus on Bitcoin again. cryptocoin.comAs we reported, the US regulator SEC filed a lawsuit against Binance yesterday, on similar grounds today.

Elon Musk left a comment in this tweet, “Doge ftw (For the Win)”. It should be noted that the message came when the US regulator SEC increased the number of altcoins that it describes as securities to 61 and caused a sharp decline in the market.

“Coinbase needs to focus on Bitcoin again”

Pierre Rochard, Riot Vice President of Blockchain Research, refers to a 2015 tweet by Coinbase CEO Brian Armstrong in the tweet above, which caught the attention of Jack Dorsey and Elon Musk.

Armstrong said on this date, “Ripple, Stellar and Altcoins are all distractions. Bitcoin is way ahead of them. “We have to focus on Bitcoin and side-chains,” he said.

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