Elon Musk debunks scam token claims By Cointelegraph

Elon Musk has stated that his social media platform X (formerly Twitter) has no plans to launch crypto tokens in response to a post regarding questionable X and Twitter-based digital currencies on Saturday, Aug. 5.

In response to a post by DogeDesigner, Musk addressed the issue of scam tokens like X (X) and TwitterDAO (TWITTER) falsely claiming connections to the social media platform. DogeDesigner had cautioned the crypto community about being cautious with articles related to scam tokens and clarified that neither Musk nor X had ever launched a crypto token. In his reply, Musk asserted, “And we never will.“