Key Takeaways
- Ye’s crypto publish casts doubt on superstar 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 often called 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 advertise a fraudulent “ye foreign money.”
I used to be proposed 2 million {dollars} to rip-off my neighborhood These left of it I stated no and stopped working with their one who 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 an extra $1.25 million disbursed 16 hours after the publish went dwell on X.
A part of the deal was that the promotional publish should stay energetic for eight hours. The contact additionally instructed him to publish “my account was hacked, the publish was not me” after the eight-hour window.
The message chillingly concluded with the assertion that the corporate soliciting this promotion “might be scamming the general public out of tens of tens of millions of {dollars}.”
Ye stated he turned down the $2 million supply, claiming he wouldn’t “rip-off my neighborhood.” Nevertheless, his publish raised questions concerning the reality behind earlier X account hacks concentrating on celebrities. These seemingly shared the same scheme.
Are you telling me all the large accounts getting “hacked” and posting a memecoin over the past a number of months are pretend?????
— notEezzy (delulu) 🧸 (@notEezzy) February 7, 2025
so the superstar ‘hacks’ are presumably pretend? pic.twitter.com/EzKY0TYBIq
— Jacquelyn Melinek (@jacqmelinek) February 7, 2025
Ye simply uncovered all of the celebrities that claimed they have been hacked scams on X
— Danny Kass (@dannygkass) February 7, 2025
A number of celebrities’ X accounts have been hacked to advertise Solana meme cash.
Final December, Drake’s account was hacked to advertise a Solana-based memecoin known as $ANITA. The rip-off generated $5 million in buying and selling quantity earlier than being uncovered and eliminated.
Ye appears to be like to attach instantly with Coinbase CEO “regarding crypto”
Ye additionally signaled curiosity in connecting instantly with Coinbase CEO Brian Armstrong “regarding crypto.”
He posted one other screenshot right now the place he was asking somebody for a crypto hookup with none middlemen. It turned out that the “crypto join” he was on the lookout for was Coinbase CEO Brian Armstrong, and the individual he messaged stated they might attempt to get Ye Armstrong’s quantity.
There was no public, direct connection between Ye and Armstrong previous to his current try to contact the CEO. Nevertheless, there was a identified incident involving Armstrong and Ye’s presidential run over 4 years in the past.
In October 2020, Armstrong shared a tweet describing a weblog publish about voting for West as “epic.” The now-deleted publish 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 publish surfaced, members of the crypto neighborhood warned that he was attempting to bypass middlemen by going straight to at least one. Many commenters burdened the significance of self-custody by chilly wallets. Some advised decentralized exchanges (DEXs) as a real various.
“Ye, anytime you purchase bitcoin on an alternate and go away it there, the alternate is the center man. You don’t actually personal it till you’re taking it off the alternate,” stated the Bitcoin Convention. “The one approach to bypass the “intermediary” is to purchase straight out of your chilly pockets.”
These tweets have been amongst Ye’s Friday morning flurry of tweets on X, his first in a while. Round three posts have been about crypto. In one other publish, 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 subjects, claiming his assist for Sean “Diddy” Combs was “egocentric,” 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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