Kanye West, now known as Ye, says he turned down a $2 million offer to promote a fake cryptocurrency. The scheme involved him posting a misleading promotion and later claiming his account was hacked.
According to Ye, he was offered an upfront payment of $750,000 to keep the post up for eight hours, followed by another $1.25 million after 16 hours. The goal was to deceive his followers while scammers made millions.
Some in the crypto community believe Ye should consider using cryptocurrency for his brand instead of launching a token. Others think he might be using this to create hype before his next album release.
This comes after a wave of celebrity crypto promotions, including a recent case where a viral internet personality’s token crashed by over 90% after an initial surge.
Read more According to Ye, he was offered an upfront payment of $750,000 to keep the post up for eight hours, followed by another $1.25 million after 16 hours. The goal was to deceive his followers while scammers made millions.
Some in the crypto community believe Ye should consider using cryptocurrency for his brand instead of launching a token. Others think he might be using this to create hype before his next album release.
This comes after a wave of celebrity crypto promotions, including a recent case where a viral internet personality’s token crashed by over 90% after an initial surge.
Kanye West, now known as Ye, says he turned down a $2 million offer to promote a fake cryptocurrency. The scheme involved him posting a misleading promotion and later claiming his account was hacked.
According to Ye, he was offered an upfront payment of $750,000 to keep the post up for eight hours, followed by another $1.25 million after 16 hours. The goal was to deceive his followers while scammers made millions.
Some in the crypto community believe Ye should consider using cryptocurrency for his brand instead of launching a token. Others think he might be using this to create hype before his next album release.
This comes after a wave of celebrity crypto promotions, including a recent case where a viral internet personality’s token crashed by over 90% after an initial surge.
