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Sunday, April 26, 2026

Binance claims ChatGPT is responsible for spreading false ... - Finbold - Finance in Bold

Binance, the biggest cryptocurrency exchange in the world, is feeling the effects of ChatGPT’s AI revolution. Someone, according to Binance, has been using AI to spread false information about the exchange.

Binance has been bombarded with numerous requests regarding its co-founder, Changpeng Zhao (CZ), and his supposed affiliation with the Chinese Communist Party, as per information from the exchange disclosed to Fortune on May 1.

Apparently, the exchange has received a surge of inquiries from congressional offices, citing an alleged conversation in which the AI-powered platform ChatGPT claimed that Binance’s founder created a social media platform for the China National Petroleum Corporation (CNPC).

Patrick Hillmann, the chief strategy officer of Binance, has just made a public statement criticizing ChatGPT and shared the conversation’s specifics. He accused ChatGPT of obtaining the information from a fabricated LinkedIn profile belonging to CZ as well as a Forbes article that does not exist.

The ChatGPT conversation

Hilmann stated Binance has been investing significant time and resources into exploring how AI can enhance user experiences on their platform and how blockchain technology can address gaps in verifying certain information.

During a dialogue with the chatbot platform offered by OpenAI, Hillman inquired as to whether or not CZ was, in fact, a member of the Youth League Committee of the CNPC.

“As you’ll see, ChatGPT pulls this from a fake LinkedIn profile and...



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