Anonymous Accuses Elon Musk of Manipulating The Price of Cryptocurrencies
Anonymous Accuses Elon Musk of Manipulating The Price of Cryptocurrencies

Anonymous Accuses Elon Musk of Manipulating The Price of Cryptocurrencies

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Anonymous threatens Elon Musk! According to the hackers, the founder of Tesla has knowingly manipulated the price of Bitcoin and cryptocurrencies to serve his own interests, at the expense of small investors.

In the space of a few months, Elon Musk has established himself as one of the most influential figures in the cryptocurrency market.

At first, the Tesla founder did not hide his interest in Bitcoin and other digital currencies. In fact, under his leadership, Tesla has invested $1.5 billion in Bitcoin.

The car company even briefly authorized payments in BTC before changing its mind, putting forward ecological pretexts.

While promoting Bitcoin, Elon Musk had fun “trolling” the whole world by manipulating the price of Dogecoin, the cryptocurrency born from a joke and deserted by developers since 2017. Soon enough, investors in the cryptocurrency sector turned against Elon Musk.

On social networks, they are many to accuse the billionaire of manipulating the market to his advantage, to the detriment of small investors.

For Anonymous, Elon Musk Is a “Rich Narcistic” Who Despies Small Savers

In this context, Elon Musk has found himself in the crosshairs of Anonymous, a hacktivist group known for fomenting cyberattacks.

“You have enjoyed one of the most favorable reputations of any person in the billionaire class because you have tapped into the desire many of us have to live in a world of electric cars and space travel. Recently, people are beginning to see you as just another rich narcissist desperate for attention,” Anonymous says, in a robot voice and Guy Fawkes mask, in a video posted on YouTube and elsewhere.

The sequence especially accuses Elon Musk of knowingly manipulating the price of Bitcoin and cryptocurrencies in general.

“Millions of small savers have invested in cryptocurrencies with the hope that it will change their lives […] Individuals who invest in cryptocurrencies are taking risks – everyone knows about the volatility of the sector, but your tweets show deep disdain for small savers and you continue to mock them with memes,” tackles the collective.

Every tweet from Elon Musk has indeed an impact on the price of BTC. Recently, the billionaire published a meme that symbolized his break with Bitcoin, and especially the community of its defenders.

The joke was accompanied by a collapse of the price for several hours. In response to Anonymous’ threats, the Tesla founder simply tweeted, “Don’t kill what you hate, save what you love.”

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