US EditionLibra Wallets Linked to Hayden Davis Made $12 Million on Kanye West's Meme Coin
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The onchain analysis platform Bubblemaps has published a detailed investigation suggesting that the cryptic figure Hayden Davis (also known as Kelsier) could be at the origin of a coordinated operation of sniper of the newly launched $YZY token, allegedly generating $12 million in profits in this scandal of Kanye's tokens. The Scandal article around Kanye's crypto: $12 million in supposed profits via sniping appeared first on Cointribune.
$57M Unfrozen, Then $12M Gained: Hayden Davis Accused in YZY Token Sniping - Blockonomi
TLDR: Blockchain analysts linked $12M YZY sniping profits to Hayden Davis through funding trails and clustered crypto wallet activity. Davis allegedly used wallets funded from exchanges one day before the YZY token launch to snipe the market. Bubblemaps said 14 wallets tied to Davis bought YZY within one minute of the public launch announcement. Davis, already facing a $100M LIBRA lawsuit, has a history of controversial token launches and snipi…
Kanye West’s Solana Meme Coin YZY Rockets to $3B as Investors Hunt for the Best Altcoins to Buy Next
One of the most controversial rappers in the world, Kanye West, has just released a meme coin, YZY, on August 18th. The crypto took off as soon as it went live on DEX, reaching a $3 billion market cap in a matter of hours. However, once the hype died down and profit-taking took over, YZY lost over 60%, dropping to a total market cap of $660 million. Those who missed the opportunity to invest in the Kanye West YZY coin immediately after it went …
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