YZY Sniper Wallet Traced to LIBRA Scheme

YZY Sniper Wallet Traced to LIBRA Scheme

Kanye West’s Solana-based YZY token has been linked to a major $21 million extraction scheme involving the LIBRA token. Pseudonymous onchain analyst “dethective” traced a YZY sniper wallet back to a group of wallets that also executed rapid, high-profit trades on the LIBRA token launch about six months earlier. In the case of YZY, the sniper wallet managed to acquire $250,000 worth of tokens at $0.20 each – a price significantly lower than most …

Kanye West YZY Memecoin Leaves Investors Rekt By Snipers

The post Kanye West YZY Memecoin Leaves Investors Rekt By Snipers appeared on BitcoinEthereumNews.com. A total of 13 wallets made more than a million dollars each trading Kanye West-linked YZY, according to data from Nansen.  The YZY token was launched on Solana on Thursday by the rapper, with the top 13 wallets profiting a total of $24.5 million as they dumped the token.  The YZY token spiked 1,400% within an hour of its launch, hitting a peak …

YZY Launch May Signal Insider Trading, Centralization Risks and Potential Regulatory Scrutiny on Solana

On-chain analysis flags potential insider trading around the YZY and LIBRA Solana launches: concentrated holdings, sniper-wallet activity and rapid price swings suggest centralized control and possible rug-pull risk, prompting likely

YZY memecoin sniped by same wallet as TRUMP and LIBRA, on-chain analysis shows

YZY memecoin sniped by same wallet as TRUMP and LIBRA, onchain analysis shows

Kanye West Memecoin YZY Coin Turns Into a Pump-and-Dump Nightmare

Ye’s YZY token pumps 1,400% then crashes; insiders pocket millions, retail traders lose big, exposing dangers of celebrity crypto hype.

YZY and LIBRA Meme Coin Launches Rigged? On-Chain Investigator Sees Red Flags

An on-chain investigator pseudonymously known as Dethective recently uncovered a suspicious pattern involving wallets that made massive profits from the launches of two tokens – Kanye West’s YZY coin and another token called LIBRA. According to the findings, one wallet was able to buy $250,000 worth of YZY tokens at a price of just $0.20 each, while most traders had to pay over $1 per token. This gave the wallet a huge advantage and allowed it t…