Elon Musk has denied that he or anybody he knows is involved with The Dogecoin Foundation, despite the website listing Jared Birchall, the Managing Director at Musk’s Family Office, as a Board Advisor.
“Neither Jared, nor me, nor anyone I know has anything to do with this foundation,” the Dogefather said, replying to a report on The Dogecoin Foundation’s advisor system.
Confused? So is everyone else.
Dogecoin Foundation Members Don’t Know What’s Going On Either
After Musk dismissed the links to The Dogecoin Foundation, DOGE hodlers contacted other members of the foundation to get answers.
Billy Markus, the co-founder of Dogecoin and advisor to the foundation, responded, stating: “i am confuse.”
However, Markus defended The Dogecoin Foundation board from Twitter uses, noting their long history with Dogecoin.
The Dogecoin co-founder also emphasised he was just an advisor to the board, and so does not know everything that happens with The Dogecoin Foundation.
Only one member of The Dogecoin Foundation’s board has responded to Musk’s statement. Michi Lumin, a Dogecoin Core developer who sits on the board, became as confused as everyone else.
“Yeah, so this ain't about transparency, since I’m confused AF too,” the developer said. “I'm trying to figure out what's going on, but I’m not gonna respond with incomplete info. That doesn't help anyone.”
In another tweet, Lumin said: “The [Foundation] isn't ‘fake’, but of course it's possible that someone got something wrong. But I don't know what that is yet.”
The Dogecoin Foundation has yet to comment on Elon Musk or Jared Birchall. Birchall’s name remains on the foundation’s website at the time of writing.
While Musk’s links to the foundation remain tenuous, it has not hampered his preference for Dogecoin. After denying he owned any Shiba Inu Coin (SHIB), Musk described DOGE as ‘the people’s crypto’. DOGE jumped some 9% in the aftermath.
Dogecoin's current price is $0.2657 - up 25% in the last 30 days.