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Elon Musk Blasts Treasury Officials for Fraudulent Payments: Calls for Blockchain Fix

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By on February 3, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Elon Musk Blasts Treasury Officials for Fraudulent Payments: Calls for Blockchain Fix appeared first on Coinpedia Fintech News

Elon Musk has accused career Treasury officials of breaking the law every hour by approving payments that either are fraudulent or do not comply with the funding laws passed by Congress. Musk’s statement calls for immediate action to halt such practices. In response to a question from Twitter user Mario Nawfal about putting the Treasury on the blockchain to prevent these issues, Musk simply replied, “Yes.” The Tesla and SpaceX CEO’s comments highlight concerns over the Treasury Department’s handling of government payments.

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