Elon Musk Denies That His Associate Is Affiliated with Dogecoin Foundation

Dogecoin

Elon Musk’s associate Jared Birchall was not involved in the restoration of the Dogecoin foundation, according to the centimillionaire

Tesla CEO Elon Musk has denied that Jared Birchall, the head of his family office, is on the advisory board of the re-established Dogecoin foundation.

In a recent tweet, the Centibillionaire writes that neither he, Birchall, nor any of his associates are involved.

The clarification caused a lot of confusion within the Dogecoin community since it implies that the foundation lied about being affiliated with Musk’s team.     

As reported by U.Today, the renewed Dogecoin Foundation has announced that it has relaunched, with Birchall, Ethereum co-founder Vitalik Buterin and Dogecoin co-founder Billy Markus joining its advisory board. The addition of Musk’s right-hand man to the board initially didn’t raise any suspicion and was celebrated within the community. Musk is known as one of the coin’s most vocal supporters, recently predicting that he would become the first Dogecoin trillionaire.

The composition of the board remains the same, according to the official website of the organization.

Last month, the foundation bared its teeth, threatening copier Dogecoin 2.0 (DOGE2) with legal action to protect the cryptocurrency’s brand.

Musk bemoans crypto scams

In a separate tweet, Musk complained about the proliferation of cryptocurrency scams on Twitter.

The billionaire, whose net worth recently surpassed Portugal’s GDP, has spoken out against crypto fraudsters posing as famous people since 2018.

Last July, Musk’s Twitter account was hacked in order to promote a Bitcoin giveaway scam.

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