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BTCC / BTCC Square / Global Cryptocurrency /
OpenAI and Microsoft Face Jury Trial Over Musk’s Nonprofit Allegations

OpenAI and Microsoft Face Jury Trial Over Musk’s Nonprofit Allegations

Author:
Global Cryptocurrency
Published:
2026-01-16 09:57:02
6
2
BTCCSquare news:

A federal judge has cleared the path for Elon Musk's lawsuit against OpenAI and Microsoft to proceed to trial in late April 2026. The case centers on claims that OpenAI abandoned its original nonprofit mission after accepting billions in funding from Microsoft—a development that could ripple through tech and crypto markets where AI-related tokens like AGI, FET, and OCEAN often mirror AI industry volatility.

Internal emails from 2017 reveal OpenAI co-founder Greg Brockman privately questioned the nonprofit commitment, while Musk argues his $38 million donation required perpetual nonprofit status. The ruling comes as AI tokens show unusual correlation with major cryptocurrencies this quarter, particularly on exchanges like Binance and Coinbase where trading volumes for AI projects spiked 27% after the court's decision.

OpenAI maintains the lawsuit is baseless, warning investors to expect "deliberately outlandish" claims during trial. The case may set precedent for how courts view mission drift in tech nonprofits—a concern for crypto projects like ethereum that began with similar ideological foundations before evolving into complex ecosystems.

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