Kanye West Rejects $2 Million Offer to Promote Fake ‘Ye’ Token – A Scam in the Making?
Jakarta, Pintu News – Controversial billionaire rapper Kanye West has made headlines again after revealing that he turned down a $2 million offer to promote a fake crypto scheme.
Through a series of social media posts, Kanye exposed shocking details about the scam, sparking speculation that he might be considering a move into the cryptocurrency world.
Kanye West Rejected $2 Million Crypto Scam Deal!
On February 7, 2025, Kanye West shared on platform X (formerly Twitter) that he was offered an initial payment of $750,000 to post a fake crypto promotion and keep it up for eight hours. If he agreed, he would receive an additional $1.25 million after 16 hours.
Even more surprising, the deal required Kanye to pretend his account had been hacked after posting, allowing scammers to profit before his followers realized the deception.
Kanye firmly rejected the offer and cut all ties with the people behind it. His decision was widely praised by the crypto community, which has been a frequent target of such scams.
Looking for Insider Access to Crypto
According to Crypto Times, after exposing the scam, Kanye shared screenshots of private messages where he asked for recommendations on trustworthy contacts to buy crypto directly without intermediaries.
One response suggested that Coinbase CEO Brian Armstrong could be the right person to connect with Kanye.
This fueled speculation that Kanye might be planning a major investment in cryptocurrency or even launching his own crypto project. With an estimated net worth of $2.77 billion, such a move could have a significant impact on the industry.
Is “Ye Coin” the Next Big Crypto?
Kanye’s post asking, “When people make a lot of money from coins, is it real money or just a concept?” quickly sparked rumors that he might be considering launching his own cryptocurrency.
Some fans even suggested that Kanye should create a memecoin, similar to those launched by other celebrities.
However, this isn’t Kanye’s first encounter with crypto. In 2014, he sued the creators of Coinye, a cryptocurrency using his name without permission, leading to its shutdown.
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References:
- Crypto Times: Kanye West Says No to $2M Crypto Fraud Offer (Accessed: February 10, 2025)
- Coinpedia: Is Kanye West Entering Crypto? Rapper Rejects $2M Crypto Scam Deal (Accessed: February 10, 2025)
Featured Image: Euronews
