Key takeout
- Ye's Crypto Post has raised doubts about Celebrity X Hack's claims.
- The rap mogul said he refused the offer.
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Kanye West is back to X, but we don't have to guess what happened next.
Now known as Ye, a famous rapper and Bitcoin supporter, West posted a screenshot on Friday, where he promotes the fraudulent “ye are currency.” provided $2 million to the company.
I proposed $2 million to scam the community. pic.twitter.com/wkhdp9fkoq
– ye (@kanyewest) February 7, 2025
You received an $750,000 advance payment as part of the proposed transaction and received an additional $1.25 million 16 hours after it was published on X.
Part of the contract was that the promotional post had to remain active for 8 hours. The contact also instructed me to post after an 8 hour window, “My account was hacked and the post was not me.”
The message concluded ruthlessly in a statement that companies seeking the promotion would “will fraud the public from tens of millions of dollars.”
You said he declined the $2 million offer, claiming he would not “demnify my community.” However, his posts raised questions about the truth behind previous X-account hacks targeting celebrities. They shared a seemingly similar scheme.
Are you telling me that all the big accounts have been “hacked” and that posting memo coins over the past few months is fake?
– noteezzy (delulu)🧸 (@noteezzy) February 7, 2025
So, is the celebrity “hack” probably a fake? pic.twitter.com/ezky0tybiq
– Jacquelyn Melinek (@jacqmelinek) February 7, 2025
You just exposed all the celebrities who claimed they were hacked scams with x
– Dannygkass (@dannygkass) February 7, 2025
Several celebrities' X accounts have been hacked and promoted Solana Meme Coins.
Last December, Drake's account was hacked and promoted Solana-based Memecoin called $anita. The scam generated a $5 million transaction volume before being exposed and deleted.
You are trying to connect directly with Coinbase CEO “About Crypto”
You have also expressed interest in connecting directly with Coinbase CEO Brian Armstrong.
He posted another screenshot today, where he was asking someone to connect with a code without an intermediary. The “Crypto Connect” he was looking for turns out to be Coinbase CEO Brian Armstrong, and the person he sent the message said you were going to try to get Armstrong's number.
Before recent attempts to contact the CEO, there was no direct public connection between Ye and Armstrong. However, there was a known incident more than four years ago, including the run of President Armstrong and Ye.
In October 2020, Armstrong shared a tweet describing his blog post about voting for the West as an “epic.” The then-deleted post was written by Soylent founder Rob Reinhart and advocated in support of supporting the artist's president's run.
As soon as Ye's new post surfaced, members of the crypto community warned him that he was trying to bypass the intermediary by going straight to one. Many commenters emphasized the importance of independence through a cold wallet. Some have proposed distributed exchange (DEX) as a true alternative.
“Whenever you buy Bitcoin in exchange and leave it there, the exchange is a man-in-the-middle. The Bitcoin Conference states: “The “middle” The only way to bypass is to buy directly from a cold wallet. ”
These tweets came amid a gust of Friday morning tweets on X. About three posts were about cryptography. In another post, he asked, “When people make all that money with coins, that cash or concept is that cash or concept.”
Most of his other posts included numerous anti-Semitic statements, including praise for Hitler and a statement saying “I'm a Nazi.” He also touched on other topics, claiming that Sean's support for “Diddy” Combs was “selfish” and that Iron Musk mistakenly stole his “Nazi stolen” at the inauguration ceremony. He criticized him.
YE has a history of spreading hateful rhetoric on its platform, resulting in multiple outages, including one of December 2022 for anti-Semitic content.
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