Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Ethereum gaming network XAI sues Elon Musk’s AI company

Ethereum gaming network XAI sues Elon Musk’s AI company

Crypto.NewsCrypto.News2025/08/24 16:00
By:By Trisha HusadaEdited by Dorian Batycka

Ethereum gaming firm Ex Populus is taking legal action against Elon Musk’s artificial intelligence company, xAI. The name similarity has allegedly caused widespread market confusion.

Summary
  • Ex Populus sues Elon Musk’s AI company over trademark infringement.
  • The similarity in name and sector has allegedly caused widespread confusion amongst traders, with many believing the firm’s network to be part of Musk’s AI gaming firm.

The Ethereum ( ETH )-based gaming network has filed a lawsuit against Elon Musk’s artificial intelligence company xAI, accusing it of trademark infringement. The Ether gaming firm behind the network, Ex Populus, announced the lawsuit via its X platform and on its community forum .

“With increased confusion around Elon Musk’s AI company, it’s a big responsibility to safeguard the brand that the community trusts,” said the official account.

Launched in 2021, Ex Populus is a game production and publishing company that focuses on blockchain-based gaming, specifically in the Ethereum ecosystem.

In 2023, the company developed a platform called Xai that enables video game developers to make use of AI-driven gaming solutions and autonomous software systems across multiple platforms. As of late, this platform has been mistaken for Elon Musk’s own artificial intelligence company, which he dubbed xAI.

XAI’s claim over Elon Musk’s trademark infringement

According to the document, Ex Populus filed the lawsuit on the grounds of trademark infringement, unfair competition and false designation of origin as well as unfair business practices. It claims to have registered the trademark since June 2023, which protects it under common law rights.

Despite the trademark, Elon Musk has continued to publicly use the name to refer to his artificial intelligence company linked to the X social media platform. On July 2023, Elon Musk announced he would create a new artificial intelligence and technology company that he named “xAI.”

As a result, many traders began mistaking Ex Populus’ network for Musk’s AI gaming venture. As the post had already reached more than 36 million viewers, it amplified consumer confusion between the two brands. Not to mention, X’s own AI assistant Grok mistakenly told users that the social media account for the Ex Populus network was linked to Musk’s AI company.

“Consumers familiar with Plaintiff’s XAI brand and its established reputation in the video gaming industry instantly began inaccurately conflating Plaintiff with Musk’s/Defendants’ “xAI” company,” wrote the company in the lawsuit filing .

XAI price analysis

After news of the lawsuit against Musk went viral, the native token experienced a drop in value. On August 25, the token dropped 5.16% from its previous daily peak. It is currently trading at $0.0499.

The sharp rejection and highlighted drop zone indicate that bears remain in control for the short term. If this level fails to hold, the next significant support could be around the $0.047–$0.048 range as it continues to dive even lower.

The Relative Strength Index currently sits at 36.89, which is close to the oversold zone. This indicates that bearish momentum is strong but could be nearing exhaustion. The RSI has been trending below its moving average, reflecting sustained weakness. However, with RSI nearing oversold territory, a short-term relief bounce is possible if buyers step in.

Ethereum gaming network XAI sues Elon Musk’s AI company image 0 Price chart for XAI in the past few days, August 25, 2025 | Source: TradingView
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Geopolitical Risks and Crypto Volatility: Navigating the New Regulatory Landscape

- EU’s MiCA and U.S. GENIUS Act (2025) impose divergent crypto regulations, fragmenting global markets and increasing compliance costs by 28%. - MiCA mandates 100% reserve-backed stablecoins and strict AML rules, while the GENIUS Act limits U.S. dollar-backed stablecoin issuance to licensed entities. - Regulatory divergence triggered liquidity shifts (e.g., USDC overtaking USDT in EU) and geopolitical competition, with the U.S. reinforcing dollar dominance and the EU promoting monetary sovereignty. - Volat

ainvest2025/08/28 18:54
Geopolitical Risks and Crypto Volatility: Navigating the New Regulatory Landscape

Ethereum's Price Surge and the Onset of a New Expansion Phase

- Ethereum's 2025 price surge reflects structural expansion driven by on-chain upgrades, institutional adoption, and macroeconomic shifts. - Network upgrades reduced gas fees by 53%, while 8% of ETH supply is now held in ETFs and corporate treasuries, creating deflationary pressure. - Fed's 4.25-4.50% rate and 2.7% inflation, combined with Ethereum's 40% blockchain fee dominance, attract capital amid low-interest environments. - Regulatory clarity under CLARITY Act and MiCA, plus EigenLayer's $15B restakin

ainvest2025/08/28 18:54
Ethereum's Price Surge and the Onset of a New Expansion Phase

The CFTC-Nasdaq Surveillance Partnership: A Catalyst for Institutional Crypto Adoption

- CFTC partners with Nasdaq to deploy advanced surveillance tech, modernizing crypto oversight with real-time fraud detection and cross-market analytics. - The CLARITY Act grants CFTC exclusive jurisdiction over blockchain commodities, eliminating regulatory arbitrage and boosting institutional confidence. - Institutional Bitcoin holdings rose 40% YoY while Ethereum ETFs amassed $27.66B, reflecting crypto's shift to a core diversified asset class. - Nasdaq's platform enables real-time monitoring of wash tr

ainvest2025/08/28 18:54
The CFTC-Nasdaq Surveillance Partnership: A Catalyst for Institutional Crypto Adoption

Ethereum's Emerging Dominance in Institutional Crypto Adoption: A Convergence of Institutional Confidence and Blockchain Utility

- Ethereum's institutional adoption hit 9.2% supply control in Q2 2025 via ETFs and corporate treasuries, marking a structural shift in crypto finance. - BlackRock's ETHA ETF dominated 90% of inflows ($13.3B total), while Goldman Sachs held 288K ETH ($721.8M), treating Ethereum as strategic reserve asset. - Regulatory clarity (GENIUS Act, SEC framework) and 3-6% staking yields drove adoption, alongside Dencun upgrades reducing L2 fees by 99%. - DeFi TVL reached $223B and NFT trading hit $5.8B Q1 2025, soli

ainvest2025/08/28 18:54
Ethereum's Emerging Dominance in Institutional Crypto Adoption: A Convergence of Institutional Confidence and Blockchain Utility