AI-Powered Smear Campaign? Binance Reportedly Says It's A Victim Of ChatGPT's Algorithms

Binance, the world’s largest cryptocurrency exchange, is reportedly claiming that someone is using an AI-powered disinformation campaign against it. 

What Happened: This revelation follows a surge of requests from numerous quarters inquiring whether Changpeng Zhao, the founder of Binance, is affiliated with the Chinese Communist Party, according to Fortune.

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The report said that further inspection pointed towards a characteristic conversation with AI program ChatGPT, which reported that Zhao had a hand in developing a social media platform for the China National Petroleum Corp. 

Binance chief strategy officer Patrick Hillmann told Fortune that it made attempts, with a series of queries to replicate the conversation, but their efforts proved futile until they referred to the state-run petroleum corporation explicitly. ChatGPT then cited Zhao’s fake LinkedIn page and a Forbes web page from 2018 as sources of the information, stated the Fortune report. 

Why It Matters: Despite vehemently denying any involvement with the Chinese Communist Party over an extended period, Binance said that the assertion made by ChatGPT regarding Zhao’s role in a state-run oil corporation is preposterous, given that he was in secondary school at the time. 

Binance did not respond to Benzinga's request for comment on the story, at press time.

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