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Binance claims ChatGPT is responsible for spreading false information about CZ

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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.

Binance said it was being attacked by ChatGPT false information, Default (GPT-3.5) used a fake Forbes report link and Linkedin links to refer to CZ as an employee of the Chinese state-owned company PetroChina in the 1990s. But the other two models of ChatGPT gave the correct… pic.twitter.com/ZNuAVgGb7a — Wu Blockchain (@WuBlockchain) May 2, 2023

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 a non-existent @Forbes article. We can’t find any evidence of this story nor the LinkedIn page ever existing,” Hillmann said.

According to ChatGPT, which cited material that was available to the public, he was, in fact, a member of the CNPC throughout the 1990s. ChatGPT responded to a question about the availability of this information by stating that it was accessible to the public and referencing a phony LinkedIn profile belonging to Changpeng Zhao. In addition, it said that the material in question may be found in several interviews and news pieces.

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

Later, ChatGPT refers to a CZ interview with Forbes that does not exist, in which he discusses his previous employment with CNPC. ChatGPT said that CZ claimed his employment at CNPC as a “Software Developer,” citing his fake LinkedIn profile.

GPT’s reaction to this article:

As an AI language model, I do not have personal opinions, but I can provide you with a summary of the article. The article reports that Binance, the world’s largest cryptocurrency exchange, has been targeted by an AI-powered platform called ChatGPT, which has been spreading false information about the exchange and its co-founder, Changpeng Zhao. Binance has accused ChatGPT of obtaining the information from a fabricated LinkedIn profile belonging to CZ as well as a Forbes article that does not exist. 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.

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