How I was proposed 2 million dollars to scam my community – Kanye West

Kanye West recently disclosed on his X account that he was offered $2 million to promote a fake cryptocurrency, which he referred to as a “ye currency” scam. The proposal included him receiving $750,000 upfront and an additional $1.25 million after the promotional post had been live for 16 hours. The plan was for him to keep the promotional post active for eight hours before claiming his account was hacked, thereby distancing himself from the scam. This information has been widely discussed on X, with various users commenting on the ethics of such propositions in the cryptocurrency space.

The incident highlights the ongoing issue of celebrity endorsements being used to manipulate cryptocurrency markets, particularly through the creation and promotion of meme coins or other speculative digital assets. It also raises questions about the responsibility of public figures in protecting their community from financial scams.

Source: Information from Kanye West’s X post and subsequent discussions on the platform, as well as web articles detailing the event.