Kanye West’s cryptocurrency venture, Yeezy Money (YZY), took an abrupt turn, leaving investors reeling from a steep market downturn. Launched on the Solana blockchain, the altcoin saw its value plummet almost 70% within hours of its introduction. Blockchain analytics firm Bubblemaps reveals that the majority of investors suffered significant financial losses, with a staggering 73.8%, or over 51,862 wallets, facing losses exceeding $74.8 million. The sudden decline has fueled accusations of market manipulation from sources including Bubblemaps, which suggests insider trading and strategic buying may have played a role in the crash. Early adopters were disproportionately affected, with over 1,000 investors losing more than $10,000, highlighting the scale of the financial fallout.