#skam ❓
🚨 Kanye West’s YZY memecoin launch on Solana sparks controversy!
📉 Token soared to $3.1B market cap before crashing 65% to $1.1B. Allegations of insider trading and a shady lawsuit waiver raise red flags.
😱 Coinbase’s Conor Grogan estimates 94% of supply held by insiders. On-chain data shows 60% of investors in the red, with some losing up to $1M.
🛑 Another celebrity crypto scam?