Kanye West (Ye) hinted at launching a cryptocurrency, possibly called “$YZY” or “Swasticoin,” but faced backlash due to controversial themes.

Reports claim he sold his X (Twitter) account to a known crypto scammer, Barkmeta, for $17 million, raising concerns about a potential rug pull.

Ye later denied ties to Barkmeta, deleted crypto-related posts, and unfollowed Binance’s CEO. Investors are warned to be cautious, as the project may be a scam.