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 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.
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.