• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: BREAKING: Saylor's Strategy Misses S&P 500 Inclusion, Robinhood Takes Spotlight
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: BREAKING: Saylor's Strategy Misses S&P 500 Inclusion, Robinhood Takes Spotlight
Binance

Binance Voices Outrage Over ChatGPT-Powered Smear Campaign

Christian Encila
by Christian Encila
2 years ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Binance, the world’s largest cryptocurrency exchange, has fallen prey to a sophisticated smear campaign powered by Artificial Intelligence. 

According to recent reports, unknown individuals have been utilizing ChatGPT to spread false rumors that Binance CEO Changpeng “CZ” Zhao has ties to the Chinese Communist Party (CCP). 

The use of ChatGPT to propagate these false claims has raised questions about the potential misuse of AI and the role of technology in spreading misinformation. 

Related Reading: Bitcoin Price Drops Below $28,000 Post Labor Day – Rough Road Ahead?

Binance Denies Claims Of CCP Affiliation, Blames ChatGPT For Rumors

In an interview with Fortune magazine, Binance revealed that it has been inundated with inquiries regarding the alleged affiliation of CZ with the CCP. The company has asserted that these claims are utterly unfounded, and someone has been utilizing ChatGPT to fabricate them.

The CCP is the founding and ruling political party of the People’s Republic of China. Since its establishment in 1921, it has been a driving force behind China’s political, economic, and social policies.

Image: Finbold

Despite Binance’s repeated denials of any association with the CCP, rumors have persisted, causing concern and confusion within the crypto community. 

To all the crypto and AI sleuths out there, here is the ChatGPT thread if someone wants to dig in. As you’ll see ChatGPT pulls this from a fake LinkedIn profile and a non-existent @Forbes article. We can’t find any evidence of this story nor the LinkedIn page ever existing. pic.twitter.com/szLaix3nza

— Patrick Hillmann 🤷🏻‍♂️👉 (@PRHillmann) May 1, 2023

ChatGPT’s Alleged Evidence Of CZ’s CCP Affiliation Debunked As False

In a recent development, Binance’s Chief Strategy Officer, Patrick Hillman, has publicly criticized ChatGPT for its role in spreading false information about the company’s CEO. Hillman revealed that the AI-powered tool had extracted information from a fake LinkedIn profile of CZ, as well as a non-existent Forbes article, to create the impression of a link between CZ and the CCP.

ChatGPT’s claims that CZ has ties to the CCP have been debunked as false. The AI-powered tool cited two URLs as evidence to support its claims, but upon further investigation, both URLs were found to be non-existent.

The first URL pointed to a LinkedIn page that did not match CZ’s official profile and did not exist. The Binance CEO’s actual LinkedIn profile did not indicate any connection to the CCP or his employment history with China National Petroleum Corporation (CNPC) prior to 2001.

Crypto maintains total market cap of $1.14 trillion on the daily chart at TradingView.com
Related Reading: Crypto Theft Runs Rampant: Over $103 Million Stolen In April – Details

The second URL purported to be a Forbes article titled “Crypto King, Meet the Quiet Crypto Crusader With [a] $700 Million War Chest,” attributed to former Forbes author, Pamela Ambler.

However, the article was found not to exist, leading to speculation that the entire disinformation campaign was a coordinated effort to damage Binance’s reputation and credibility.

A Recurring Issue

In a similar vein, Binance has been targeted in the past with allegations of ties to the Chinese government. In September 2022, Zhao categorically denied the accusations that Binance executive Guangying Chen was an agent of the Chinese government. 

Furthermore, he made it clear that Binance is not incorporated in China, further refuting any claims of affiliations with the CCP or the Chinese government.

-Featured image from Getty

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Christian Encila

Christian Encila

Follow

Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he's a cook and cinephile who's constantly intrigued by the size of the universe.

Full Profile

Related Posts

crypto, Coinbase, SEC, PayPal

US SEC Under Fire For Gensler’s ‘Missing’ Texts From Key Crypto Crackdown Period

10 minutes ago
Justin sun trump wlfi

Justin Sun Faces Backlash After Urging WLFI to Unfreeze Tokens

2 hours ago
Russia

Russia Looks To Open Crypto Market Wider For Citizens – Details

5 hours ago
European Central Bank Pushes Digital Euro for Resilient Payments – Best Wallet Token Stands Out

European Central Bank Pushes Digital Euro for Resilient Payments – Best Wallet Token Stands Out

13 hours ago
Bitcoin Treasuries Top 1M BTC Exceeding $111B – The Best Altcoins Thrive Amid Mainstream Adoption

Bitcoin Treasuries Top 1M BTC Exceeding $111B – The Best Altcoins Thrive Amid Mainstream Adoption

17 hours ago
Next Crypto to Explode Live News Today: Timely Insights for Chart Sniffers (September 5)

Next Crypto to Explode Live News Today: Timely Insights for Chart Sniffers (September 5)

14 hours ago

Premium Sponsors

Press Releases

  • minwer

    XRP Holders Can Earn $10,000 a Day Through COME...

    9 hours ago
  • BTC prices hit a two-week high, and holders flocked to GMO...

    10 hours ago
  • miner

    Cardano (ADA) Market Outlook: Long-term Potential Passive...

    10 hours ago
  • etnminer

    How to Play to Earn Crypto in 2025: Discover 6 Most...

    15 hours ago
  • miner

    BAY Miner Cloud Mining App Launches with ETH and BTC Users...

    16 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.