Elon Musk Targeted by Anonymous Hacker Group Over ‘Arrogant’ Cryptocurrency Activity: Report

Anonymous reportedly affirms that even though Musk doesn't practice what he preaches.”

By ANI | Updated: 7 June 2021 09:46 IST

Elon Musk Targeted by Anonymous Hacker Group Over ‘Arrogant’ Cryptocurrency Activity: Report

The anonymous added that he thinks "Elon is not a friend to the common man"

Highlights

The anonymous further slammed Elon on a personal note
Tesla has stopped accepting Bitcoin as payment
Tesla sold some of that Bitcoin in the first quarter of 2021

Elon Musk, the CEO of technological giant Tesla was targeted by a notorious group of hackers who are liable for committing some of the biggest digital scams in the recent past.

TMZ reported that the anonymous account has caused a lot of grief for different organisations including PayPal, Scientology is now targeting the Tesla CEO.

In their latest video, they have targeted Musk, claiming the power he uses over cryptocurrency markets and the arrogant way he uses it has gone far enough especially as it pertains to Bitcoin, which has reacted uncontrollably to Musk's words of late.

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Anonymous affirms that even though Musk has "positioned himself as concerned about the environment with Tesla's pivot away from Bitcoin, priced in India at 9:35am at roughly Rs. 26.5 lakhs he doesn't practice what he preaches within the company itself- hurling many allegations against him and Tesla''s practices at large," TMZ reported.

The anonymous further slammed Elon on a personal note, saying he suffers from a "superiority complex"- noting he once dubbed himself the "Emperor of Mars" - and that he is hurting working-class people and their prospects by his constant crypto trolling.

Concluding his grievance note, the anonymous added that he thinks "Elon is not a friend to the common man", something they considered themselves to be.

Elon Musk Tweet Dents Bitcoin, but Weekly Gain in Prospect

Musk, recently announced that the company has stopped accepting Bitcoin as payment for its cars out of concern- that it will contribute to greater consumption of fossil fuels.

The business magnate and SpaceX founder shared a statement on Twitter on Wednesday about the same. Tesla had only just started accepting Bitcoin in late March.

The 49-year-old industrial designer also said that Tesla will no longer sell any more of the $1.5 billion (roughly Rs. 10,940 crores) stashes of Bitcoin it purchased earlier this year. Tesla sold some of that Bitcoin in the first quarter of 2021, which wound up helping pad the company's quarterly profit figures.

Elon has also hyped another cryptocurrency, Dogecoin, which Tesla has not invested in. He has called Dogecoin, priced in India at 9:40am IST today at roughly Rs. 28, which was invented as a joke to satirize Bitcoin, his favourite cryptocurrency and "the people''s crypto."

Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.

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Cryptocurrency Prices across Indian exchanges

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