Kanye West’s Solana Memecoin YZY Rocked By Insider Trading Allegations
The Solana-based memecoin YZY, promoted by Kanye West (Ye), posted one of the most volatile debuts of the year, rocketing to a multi-billion-dollar valuation within minutes before retracing as on-chain sleuths flagged insider activity and a contentious liquidity setup. In an X post on Thursday, West shared the contract address and framed “YZY MONEY” as […]
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Amid the controversial launch of Kanye West’s official memecoin on Solana, the crypto community has sounded the alarm for another potential celebrity token scam, with insider trading allegations outshining Ye’s party. Related Reading: Chainlink Eyes Crucial Resistance After $25 Reclaim – Breakout Or Breakdown Next? The Rise And Fall Of YZY On Wednesday night, controversial Hip-Hop artist and public figure Ye, better known as Kanye West, launched his official memecoin, YZY, on the Solana blockchain. West announced the token in his X account, posting the contract address (CA) in a picture....
In a rather shocking development, hackers took over the Instagram accounts of some music celebrities to promote a fraudulent Solana-based memecoin. This incident comes after another high-profile market controversy involving Kanye West’s YZY token. Related Reading: EU Eyes Ethereum Or Solana For Accelerated Digital Euro Rollout: Report Celebrity Profiles Hacked, Memecoin Crashes After $900,000 Pump […]
Candace Owens reported that Kanye West’s bank accounts with JPMorgan Chase were closed. Ye needs to adopt bitcoin in order to exchange value.
Martin Shkreli, dubbed by media as the “most hated man in the United States”, claims he lost $15 mln, set aside to buy Kanye West’s latest album, in a Bitcoin transaction. Getting ripped off - or else. An American entrepreneur and former CEO of Retrophin, Skreli first rose to fame when he raised the price of a life-saving drug by more than 5000%. Living up to his reputation as the villain, he recently announced that he wanted to “buy” Kanye West’s latest album so that it doesn’t get released publicly. But two days later, this happened: aiyo @kanyewest last minute can i buy your album out....
Who orange-pilled Kanye West? Is the most controversial person in the world a bitcoiner now? Over the last few weeks, the fashion mogul/ rapper has dominated news cycle after news cycle. And it now seems like bitcoin has entered his orbit. Or, did Kanye West enter bitcoin’s orbit? The always-calculated rapper/ performer was photographed wearing a “Satoshi Nakamoto” cap, which sent the Internet into a frenzy. Related Reading: Blue Chip NFTs 101 – What’s The Secret Behind CloneX? Built For The Metaverse The whole situation makes sense and the timing works. JPMorgan and West’s Yeezy brand....