What’s wrong with Kanye West’s crypto scam screenshot

What’s wrong with Kanye West’s crypto scam screenshot

You know what bothers me about the screenshot Kanye West shared about crypto scams? The last sentence.

For those who missed it:

  • Kanye posted a screenshot of a conversation where someone offered him $2 million to promote a scam token.
  • It’s a classic scheme: “Hey, I’m Kanye, buy my token” (pretty much like what the president of the Central African Republic did yesterday with the $CAR token).
  • Eight hours later, another tweet: “Damn, I got hacked.” And that’s it.

Before leaving X, Kanye posted a lot of nasty stuff about everything - from Jews to the music industry. And with this tweet, he took aim at the crypto industry. Of course, it immediately brings to mind the tokens promoted from the X accounts of Drake and 50 Cent, which followed the exact same pattern. Kanye makes us think about the scale of fraud in crypto.

Yes, everyone thinks about it, and everyone’s afraid that every new high-profile token is a scam. X even banned the account promoting the $CAR memecoin today - an incredible idea! (Just think about it: a memecoin as a tool to express support for a country! That’s amazing! But now all anyone talks about is how it’s a scam. Why? Because people like Kanye create this kind of atmosphere.)

Take a closer look at the bottom of Kanye’s screenshot. The rapper is openly warned that they plan to scam people out of tens of millions of dollars. If they really planned to do it, they wouldn’t write about it so openly. What celebrity would agree to such a scheme? None! Because if the celebrity KNEW and agreed, the scammers would have a powerful tool for blackmail.

Offers like this aren’t made so blatantly. It seems to me that Kanye made something up to tarnish the crypto industry.

Yes, there’s a lot of scam in crypto. No need to invent even more of it.

But there are plenty of honest projects that bring real value. And I can assure you that the rabbit.io exchanger is one of those services you can trust.