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🚨 Kanye West Exposes $2 Million Crypto Scam Proposal 🚨$BTC $ETH $BNB
Renowned artist and entrepreneur Kanye West, also known as Ye, recently revealed that he turned down a $2 million offer to promote a fraudulent cryptocurrency project. The scheme involved launching a fake “Ye Currency”, where he would post about the token to his 32.6 million followers in exchange for an upfront payment of $750,000. According to the plan, he was then expected to claim his account had been hacked eight hours later, absolving himself of any responsibility, while receiving the remaining $1.25 million within 16 hours of the initial post.
Taking to X (formerly Twitter), Ye shared a screenshot of the proposal, stating: “I was offered $2 million to deceive my community. Those still loyal to me—I refused, and I cut ties with the person who proposed it.” His decision has reignited discussions around the ethics of celebrity endorsements in cryptocurrency, with many praising him for prioritizing integrity over financial gain.
Industry experts, including Yu Xian, founder of SlowMist, have pointed out that such deceptive tactics are rampant in the crypto space. Scammers often target high-profile influencers, luring them with lucrative deals to promote unreliable projects. While some public figures may fall for these schemes, Ye’s refusal has been widely commended, setting a strong example for ethical behavior in an industry that is still fighting against fraud and manipulation.
#KanyeWest #CryptoScam #CelebrityEndorsements #BlockchainEthics #ProtectYourCommunity
Renowned artist and entrepreneur Kanye West, also known as Ye, recently revealed that he turned down a $2 million offer to promote a fraudulent cryptocurrency project. The scheme involved launching a fake “Ye Currency”, where he would post about the token to his 32.6 million followers in exchange for an upfront payment of $750,000. According to the plan, he was then expected to claim his account had been hacked eight hours later, absolving himself of any responsibility, while receiving the remaining $1.25 million within 16 hours of the initial post.
Taking to X (formerly Twitter), Ye shared a screenshot of the proposal, stating: “I was offered $2 million to deceive my community. Those still loyal to me—I refused, and I cut ties with the person who proposed it.” His decision has reignited discussions around the ethics of celebrity endorsements in cryptocurrency, with many praising him for prioritizing integrity over financial gain.
Industry experts, including Yu Xian, founder of SlowMist, have pointed out that such deceptive tactics are rampant in the crypto space. Scammers often target high-profile influencers, luring them with lucrative deals to promote unreliable projects. While some public figures may fall for these schemes, Ye’s refusal has been widely commended, setting a strong example for ethical behavior in an industry that is still fighting against fraud and manipulation.
#KanyeWest #CryptoScam #CelebrityEndorsements #BlockchainEthics #ProtectYourCommunity
ALERT 🔻 Celebrity-Endorsed Meme Coins Face Significant Declines 🚨
Celebrity-backed meme coins have seen sharp drops, with some losing more than 80% of their value from their peak. Investors are now turning to projects with real-world utility. Tokens like MOTHER, DADDY, TRUMP, MELANIA, and JAILSTOOL have collectively fallen by 78% from their highs. MOTHER and DADDY, linked to Iggy Azalea and Andrew Tate, hit their peaks in mid-2024 but have since plummeted over 80%. TRUMP is down by 60%, while MELANIA has dropped over 80%. The decline in open interest for TRUMP suggests fading investor confidence. Other celebrity coins like IVANKA and JAILSTOOL have also struggled. Investors are now shifting focus to altcoins with real-world applications like DeFi and RWA, moving away from speculative meme coins. The decline in celebrity-backed meme coins highlights the risks of speculative investments and the shift towards more practical and sustainable projects.
#TRUMP #CelebrityEndorsements #MemesCoins2024 #newscrypto #CryptoNews
$TRUMP
$MEME
$1000CHEEMS
Celebrity-backed meme coins have seen sharp drops, with some losing more than 80% of their value from their peak. Investors are now turning to projects with real-world utility. Tokens like MOTHER, DADDY, TRUMP, MELANIA, and JAILSTOOL have collectively fallen by 78% from their highs. MOTHER and DADDY, linked to Iggy Azalea and Andrew Tate, hit their peaks in mid-2024 but have since plummeted over 80%. TRUMP is down by 60%, while MELANIA has dropped over 80%. The decline in open interest for TRUMP suggests fading investor confidence. Other celebrity coins like IVANKA and JAILSTOOL have also struggled. Investors are now shifting focus to altcoins with real-world applications like DeFi and RWA, moving away from speculative meme coins. The decline in celebrity-backed meme coins highlights the risks of speculative investments and the shift towards more practical and sustainable projects.
#TRUMP #CelebrityEndorsements #MemesCoins2024 #newscrypto #CryptoNews
$TRUMP
$MEME
$1000CHEEMS
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