Key Takeaways
- Ye’s crypto put up casts doubt on celeb X hack claims.
- The rap mogul stated he rejected the supply.
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Kanye West is again on X, and also you’ll by no means guess what occurred subsequent.
West, now referred to as Ye, the well-known rapper and Bitcoin advocate, posted a screenshot on Friday the place an unidentified contact reached out to Ye, providing him two million {dollars} to promote a fraudulent “ye currency.”
I used to be proposed 2 million {dollars} to rip-off my group Those left of it I stated no and stopped working with their one that proposed it pic.twitter.com/WKHdP9FkOq
— ye (@kanyewest) February 7, 2025
Ye would get $750,000 upfront as a part of the proposed deal, and a further $1.25 million disbursed 16 hours after the put up went reside on X.
Part of the deal was that the promotional put up should stay lively for eight hours. The contact additionally instructed him to put up “my account was hacked, the post was not me” after the eight-hour window.
The message chillingly concluded with the assertion that the corporate soliciting this promotion “will be scamming the public out of tens of millions of dollars.”
Ye stated he turned down the $2 million supply, claiming he wouldn’t “scam my community.” However, his put up raised questions concerning the fact behind earlier X account hacks focusing on celebrities. Those seemingly shared an identical scheme.
Are you telling me all the massive accounts getting “hacked” and posting a memecoin over the past a number of months are fake?????
— notEezzy (delulu) 🧸 (@notEezzy) February 7, 2025
so the celeb ‘hacks’ are presumably fake? pic.twitter.com/EzKY0TYBIq
— Jacquelyn Melinek (@jacqmelinek) February 7, 2025
Ye just uncovered all of the celebrities that claimed they had been hacked scams on X
— Danny Kass (@dannygkass) February 7, 2025
Several celebrities’ X accounts have been hacked to promote Solana meme cash.
Last December, Drake’s account was hacked to promote a Solana-based memecoin referred to as $ANITA. The rip-off generated $5 million in buying and selling quantity earlier than being uncovered and eliminated.
Ye seems to be to join immediately with Coinbase CEO “concerning crypto”
Ye additionally signaled curiosity in connecting immediately with Coinbase CEO Brian Armstrong “concerning crypto.”
He posted one other screenshot right this moment the place he was asking somebody for a crypto hookup with none middlemen. It turned out that the “crypto connect” he was in search of was Coinbase CEO Brian Armstrong, and the individual he messaged stated they’d attempt to get Ye Armstrong’s quantity.
There was no public, direct connection between Ye and Armstrong prior to his current try to contact the CEO. However, there was a recognized incident involving Armstrong and Ye’s presidential run over 4 years in the past.
In October 2020, Armstrong shared a tweet describing a weblog put up about voting for West as “epic.” The now-deleted put up was written by Rob Rhinehart, the founding father of Soylent, and it argued in favor of supporting the artist’s presidential run.
As quickly as Ye’s new put up surfaced, members of the crypto group warned that he was attempting to bypass middlemen by going straight to one. Many commenters burdened the significance of self-custody by means of chilly wallets. Some recommended decentralized exchanges (DEXs) as a real different.
“Ye, anytime you buy bitcoin on an exchange and leave it there, the exchange is the middle man. You don’t really own it until you take it off the exchange,” stated the Bitcoin Conference. “The only way to bypass the “middleman” is to purchase straight out of your chilly pockets.”
These tweets had been amongst Ye’s Friday morning flurry of tweets on X, his first in a while. Around three posts had been about crypto. In one other put up, he questioned, “WHEN PEOPLE MAKE ALL THAT MONEY WITH A COIN IS THAT CASH OR CONCEPT.”
Most of his different posts contained quite a few antisemitic remarks, together with reward for Hitler and the assertion “I’m a Nazi.” He additionally touched on different matters, claiming his help for Sean “Diddy” Combs was “selfish,” and falsely accusing Elon Musk of stealing his “Nazi Swag” on the inauguration.
Ye has a historical past of spreading hateful rhetoric on the platform, leading to a number of suspensions, together with one in December 2022 for antisemitic content material.
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