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Bearish
Elon Musk and D.O.G.E. Blocked from Accessing U.S. Treasury Systems**
A federal judge has officially restricted Elon Musk and his Department of Government Efficiency (D.O.G.E.) from accessing the U.S. Treasury’s payment system.
**Court Ruling and Background**
Judge Colleen Kollar-Kotelly issued the ruling after Musk said his team was working to eliminate what he described as wasteful government spending. The U.S. Treasury, which processes trillions of dollars in transactions — including Social Security and Medicare payments — has become a focal point of Musk’s claims that those payments were negatively impacting the federal budget.
*Privacy Concerns and Legal Action*
In response, federal employees and retirees filed a lawsuit against D.O.G.E., arguing that its access to Treasury data posed a serious threat to their privacy. They claimed that allowing Musk’s team to view confidential financial records would violate federal law. The court agreed, quickly issuing an order revoking D.O.G.E.’s access to Treasury records.
Who had access?
The government confirmed that only two individuals within Musk’s circle had access to Treasury data:
- *Tom Krause – CEO of Cloud Software Group
- *Marko Elez – 25-year-old software developer
Musk banned from accessing Treasury data**
Elon Musk himself was explicitly barred from accessing Treasury information. Tensions escalated when Musk suggested that D.O.G.E. was preventing “illegal” payments. His comments reportedly caused significant concern within the Treasury Department, prompting intervention by former President Donald Trump, who stated,
“Elon can’t do anything without our approval.
Additional Legal Challenges*
$SOL $XRP #USBitcoinReserves $ETH
A federal judge has officially restricted Elon Musk and his Department of Government Efficiency (D.O.G.E.) from accessing the U.S. Treasury’s payment system.
**Court Ruling and Background**
Judge Colleen Kollar-Kotelly issued the ruling after Musk said his team was working to eliminate what he described as wasteful government spending. The U.S. Treasury, which processes trillions of dollars in transactions — including Social Security and Medicare payments — has become a focal point of Musk’s claims that those payments were negatively impacting the federal budget.
*Privacy Concerns and Legal Action*
In response, federal employees and retirees filed a lawsuit against D.O.G.E., arguing that its access to Treasury data posed a serious threat to their privacy. They claimed that allowing Musk’s team to view confidential financial records would violate federal law. The court agreed, quickly issuing an order revoking D.O.G.E.’s access to Treasury records.
Who had access?
The government confirmed that only two individuals within Musk’s circle had access to Treasury data:
- *Tom Krause – CEO of Cloud Software Group
- *Marko Elez – 25-year-old software developer
Musk banned from accessing Treasury data**
Elon Musk himself was explicitly barred from accessing Treasury information. Tensions escalated when Musk suggested that D.O.G.E. was preventing “illegal” payments. His comments reportedly caused significant concern within the Treasury Department, prompting intervention by former President Donald Trump, who stated,
“Elon can’t do anything without our approval.
Additional Legal Challenges*
$SOL $XRP #USBitcoinReserves $ETH
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