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Kanye West Rejects $2M Offer, Reveals Crypto Scam on X
Rapper Kanye West, now officially known as Ye, has made a surprising announcement. The artist revealed that he turned down a $2 million offer to promote a fraudulent cryptocurrency project.
According to the report, the deal proposed that West would post an endorsement for the crypto project and then claim his account was hacked after eight hours, allowing him to receive an additional $1.25 million payout. However, Ye decided to reject the proposal, refusing to participate in what he called a “scam.”
In a social media post, West shared a screenshot of the offer and expressed his disapproval of such shady business practices. He stated that he opted out of the deal and stopped working with the individual who made the proposition.
The news sparked reactions across the crypto community, with many influencers suggesting that Ye should consider using cryptocurrency for legitimate purposes, such as selling merchandise, rather than promoting meme coins.
It’s worth noting that West’s statements come amid growing scrutiny of celebrity endorsements in the crypto space. Several high-profile figures, including his ex-wife Kim Kardashian, have faced backlash for promoting unregistered securities.
Source: https://cryptotale.org/kanye-west-rejects-2m-offer-reveals-crypto-scam-on-x/
