Gene Simmons Responds To The Claims That He’s A Paid Spokesman For Altcoins He Invested

KISS bassist Gene Simmons shared a post on his official Twitter page revealing a statement about his investment in cryptocurrencies and strictly stated that he’s not making investment recommendations, or he’s not a spokesman for the cryptocurrencies he’s keep buying, Simmons is simply sharing what he has been doing.

As many of you remember, Gene Simmons’ first reveal about his investment in cryptocurrency was when he shared a post on his official Twitter page, revealing he bought seven-figure Bitcoin several months ago and has been quite profitable for him since then.

While his fans were surprised to see him being interested in BTC, Simmons surprised his fans further when he shared another tweet revealing that he bought $300K of Ethereum about four months ago and stated that he reveals this information just in case his fan wanted to know.

A few days after, Gene Simmons once again shared a post on his official Twitter page revealing that he bought $300,000 of Cardano since he believes ADA is going to go up in addition to the fact that both Ethereum and Bitcoin are very expensive, he wanted to buy more affordable altcoin.

After seeing Gene Simmons sharing numerous tweets about how much money he spent on buying cryptocurrencies, his fans apparently suspected if Simmons is a spokesman for the altcoins and Bitcoin in order to promote and encourage others to purchase cryptocurrencies.

In order to clear the misunderstanding, Simmons shared a post on his official Twitter page strickly stressing the fact that he’s not getting paid or not a spokesman for the altcoins and Bitcoin he has purchased so far and he’s just sharing what he has been doing to his fans, not recommending anything.

Here is what Simmons said:

“Again. I’m not recommending or not recommending. I’m not paid and I’m not a spokesman for these. But I have done amazingly well with Bitcoin, Ethereum, Litecoin, Chainlink, Binance, Cardano (ADA)..and if I invest in more, I’ll let you know. It’s always your call.”

You can see the Twitter post below.