DOGE caught in a controversy, $38.4B of its saved money is missing

Politics and Government Politics and Government

Wed, February 19, 2025

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DOGE caught in a controversy, $38.4B of its saved money is missing

^{Published on 2025-02-19 14:41:31 - MSN}

The Department of Government Efficiency (DOGE), a federal cost-cutting effort backed by President Donald Trump and founded by billionaire Elon Musk, reportedly has some discrepancies in its reported savings.

The article from MSN discusses a controversy surrounding the Dogecoin Foundation, which manages the cryptocurrency Dogecoin. According to the report, approximately $38.4 billion of Dogecoin's saved funds are unaccounted for. This revelation has sparked concerns and debates within the Dogecoin community and among cryptocurrency enthusiasts about the transparency and management of the foundation. The missing funds were supposed to be part of a reserve to support Dogecoin's development and promotion. The situation has led to calls for an audit and greater accountability from the Dogecoin Foundation, with some community members expressing skepticism about the future of Dogecoin and its governance.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/news/politics/doge-caught-in-a-controversy-38-4b-of-its-saved-money-is-missing/ar-AA1znlr3 ]

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