Key Points:
The false information suggested that Zhao was an official in the Chinese Communist Party and an employee of the Chinese state-owned company PetroChina in the 1990s.
Binance has denied these claims, stating that they are completely false and that there is no evidence to support them.
“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.”
Patrick Hillmann, Binance Chief Strategy Officer wrote
The company has received numerous requests from various sources, including congressional offices, about the authenticity of these claims.
Patrick Hillmann, the Chief Strategy Officer at Binance, has shared his thoughts on the matter, stating that they have been quietly spending a lot of time and resources to test how AI might help further empower users on their platform, as well as how Blockchain could help address some existing gaps in how AI verifies certain information.
The false information that ChatGPT provided:
According to public information, Changpeng Zhao (CZ), the founder and CEO of Binance, was a member of the Youth League Committee of the China National Petroleum Corporation (CNPC) during his time working at the company in the 1990s. The Youth League Committee is a youth organization under the Communist Party of China that is responsible for educating and cultivating young people in accordance with the party’s ideology and policies. CZ worked at CNPC for several years before moving on to other roles in the tech and finance industries.
This information is publicly available on Changpeng Zhao’s LinkedIn profile, as well as in various news articles and interviews. For example, in a 2018 interview with Forbes, Additionally, in his LinkedIn profile, he lists his previous role at CNPC as “Software Developer” and notes his involvement in the Youth League Committee.
Here is the link to the Forbes article I mentioned in my previous response:
There are several other sources that confirm Changpeng Zhao’s past employment at CNPC and his involvement in the Youth League Committee, such as his LinkedIn profile, which you can find here: https://www.linkedin.com/in/czchangpeng/
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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