Inside Secrets: Kanye West’s YZY Token Launch Exposes Insider Trading Schemes

Kanye West’s foray into the cryptocurrency world through the YZY token on Solana has exposed a concerning pattern of insider trading that left many retail investors facing substantial losses. On-chain analysis reveals wallets previously linked to high-profile tokens like TRUMP and LIBRA played a key role in driving up YZY’s price, while others suffered significant losses. A prominent associate of Kanye West, Mikey Shelton, celebrated his $160,000 profits within minutes of launch, raising questions about coordinated insider access.