He goes on to say that 27-year-old Grammy winner Chance the Rapper had dropped by the studio "just to check Kanye … because of what he was reading".
"You know, again, Kanye deals with his issues at all times. They got into it, but they worked it out. At the end of the day, Chance was there just to be a friend."
The video tells a different story, with West rising from his seat and screaming in Chance's face before the camera blurs and fades to black.
The worrying leaked footage, shot last year, comes as West and wife of seven years Kim Kardashian are reported to have taken a step closer to finalising their much-rumoured divorce.
People reports the couple have "completely" stopped going to marriage counselling, which they were attending in hopes to save their relationship.
"He is talking to divorce lawyers this week," the source added of the 43-year-old Grammy winner.
Kardashian, 40, has reportedly been working with high-profile divorce lawyer Laura Wasser, with claims that she is going for full custody of the pair's four children.
"They are just not on the same page when it comes to their future as a family," an insider told People. "And Kardashian is OK with it.
"Kim knows what she wants to do with her life. She wants to keep living in LA, create the best life for the kids and focus on her work passions.
"The love story between Kim and Kanye has been over for a long time. They adored each other but have too many differences."
The couple's public image took a battering last year when West announced his plans to run in the 2020 presidential election.
His campaign was nothing short of disastrous, with rally meltdowns and social media outbursts against his wife and her family.
Kardashian had previously described West as a "brilliant but complicated person", and spoke about his bipolar disorder publicly.
An insider told Page Six that Kardashian "needed to end the marriage for the sake of her kids and her own sanity".
But fans should expect to get some insight into the end of the marriage: Kardashian will reportedly feature the couple's marriage problems in the final episodes of Keeping Up With The Kardashians.