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The post Is Kanye West Entering Crypto? Rapper Rejects $2M Crypto Scam Deal appeared first on Coinpedia Fintech News
Billionour rapper Kanye West now known as Ye, has set social media on fire with a series of tweets about cryptocurrency. Over the past 12 hours, he has posted more than 20 tweets, sharing his thoughts on everything from crypto scams to buying crypto directly without a middleman.
Is Kanye West Planning to Launch His Coin?
Kanye West has always been known for making bold statements, and his recent activity on X has once again drawn massive attention.
One of his tweets, which gained over 7.3 million views, asked, “When People Make All That Money With A Coin Is That Cash Or Concept????”
WHEN PEOPLE MAKE ALL ($0.00) THAT MONEY WITH A COIN IS THAT CASH OR CONCEPT
— ye (@kanyewest) February 7, 2025
This cryptic message has left many wondering if Ye is planning to dive into the world of cryptocurrency. Some fans have even urged him to create his meme coin, suggesting platforms like Pump.fun to launch it
The idea of a “Ye Coin” has already gained traction, with some predicting it could become the biggest meme coin in history if he decides to follow through.
Although it is unclear whether Kanye currently owns any cryptocurrency, this isn’t his first encounter with the crypto space. In 2014, he took legal action against a meme coin called “Coinye,” forcing its developers to shut it down.
Kanye Rejects $2M Crypto Scam Deal
While Kanye’s interest in crypto is growing, Kanye also revealed that he turned down a $2 million offer to promote a fraudulent crypto scheme.
According to the tweet post he shared, he was promised $750,000 upfront and another $1.25 million later to promote a fake cryptocurrency.
The plan involved him posting about the coin, keeping the post live for eight hours, and later claiming his account was hacked.
Kanye, however, rejected the deal, exposing how some companies are willing to scam the public out of millions by using celebrity influence.
Kanye Wants to Buy Crypto Without a Middleman
Shortly after exposing the scam, Kanye shared another tweet showing a private conversation where he asked for a trusted “crypto connect” who could help him buy digital assets directly.
The response he received was a recommendation to reach out to Coinbase CEO Brian Armstrong, suggesting that Kanye might be looking to make a large crypto purchase without intermediaries.
Now, with a reported net worth of $2.77 billion, Kanye’s potential entry into crypto could be a game-changer. Whether he launches his coin or makes a major investment, all eyes are on Ye’s next move
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