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Elon Musk denied advising Donald Trump on cryptocurrency, despite reports suggesting otherwise. Musk clarified on social media that he's never discussed crypto with Trump, though he generally supports the concept of decentralization that crypto represents. Bloomberg had reported that Musk was vying for an advisory role if Trump were to win the 2024 election, citing an unnamed source. Trump's recent acceptance of cryptocurrency donations for his re-election campaign marks a significant shift from his previous stance, where he labeled crypto as a "scam." Musk, on the other hand, has been critical of both Trump and Biden, refusing to financially support either candidate. His involvement with cryptocurrencies like Dogecoin has led to public interest and legal issues, with investors even suing him for alleged insider trading related to his social media posts and appearances on Saturday Night Live.
