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Breaking: Elon Musk Reveals US Govt Can Access Twitter DMs, Bitcoin And Dogecoin Fall

Elon Musk discloses that U.S. government agencies had full access to Twitter user activity, including DMs. Bitcoin and Dogecoin prices fall.
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Breaking: Elon Musk Reveals US Govt Can Access Twitter DMs, Bitcoin And Dogecoin Fall

Twitter CEO Elon Musk disclosed in an interview that various U.S. government agencies had full access to Twitter user activity, including DMs. These revelations shocked crypto Twitter causing Bitcoin and Dogecoin prices to fall effectively and are now trading in “red”.

Twitter CEO Elon Musk in an interview with Fox News told host Tucker Carlson that various government agencies effectively had full access to everything that was going on Twitter. The U.S. government was also spying on users’ DMs under previous management.

“The degree to which various government agencies effectively had full access to everything that was going on at Twitter blew my mind.”

He also commented on the disadvantages of artificial intelligence (AI) to mankind. He said AI is “more dangerous than mismanaged aircraft design or production maintenance or bad car production.” Musk believes AI has the potential of civilization destruction.

However, Musk has introduced his new AI company recently, called X.AI, to rival OpenAI’s ChatGPT.

Also Read: OpenAI’s Sam Altman Comments On X.AI; Here’s How Elon Musk Responded

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Crypto Twitter Reacts to US Government Agencies’ Access to Twitter Users’ Privacy

The crypto community was shocked that U.S. agencies are indeed spying on private messages on Twitter. Some believe the government still has complete access to activity and DMs on other social media platforms like Facebook, Instagram, Telegram, and Google.

Twitter users compared the revelations by Elon Musk to the illegal government surveillance Edward Snowden exposed in 2013.

Crypto influencer Matt Wallace claims the US government is almost near to implementing a China-like social credit monitoring system to spy on user activity online.

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Bitcoin and Dogecoin Prices Plummet

All top cryptocurrencies fell after the news reached the crypto community. Bitcoin (BTC) price broke the $30k psychological barrier and fell to a 24-hour low of $29,816. The second largest cryptocurrency Ethereum (ETH) price also fell from $2,137 to $2,076.

Elon Musk’s favorite Dogecoin price felt pressure from Twitter privacy news and fell from a 24-hour high of $0.0915. DOGE price is currently trading at $0.0894, down 3% from the 24-hour high.

Also Read: XRP Lawyer Recalls Gary Gensler Video On ‘Crypto’ Panic Among Banks

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Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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