A coalition of 12 U.S. states is preparing to file a lawsuit over Elon Musk’s integration of Dogecoin (DOGE) into payment systems that handle personal data. Concerns have been raised about potential security risks and regulatory violations, with officials arguing that allowing DOGE transactions within these systems could expose users’ sensitive financial information. The lawsuit aims to challenge the legality of this integration, questioning whether proper consumer protections were followed. Musk and his companies have not yet responded to the legal threats, but the case could set a precedent for cryptocurrency’s role in mainstream financial systems.
12 States to Sue Over Elon Musk’s DOGE Access to Payment Systems and Personal Data
