Does Elon Musk’s Twitter Stake Spell Hope for an End to Bitcoin and Dogecoin Giveaway Scams?

A physical imitation of the Bitcoin crypto currency, Paris, on April 26, 2021. Martin Bureau/AFP via Getty Images

Among the most tweeted about topics by Elon Musk is cryptocurrency. Could the recent announcement that the world’s richest person took a stake in Twitter Inc lead to a crack down on cryptocurrency giveaway scams?

What Happened: The Tesla Inc  CEO is now the owner of 9.2 percent of Twitter Inc thanks to a stake revealed on Monday.