Overview

• Ye posted on X that his Instagram was compromised and following a fake YZY token, pointed followers to the official @YZY_MNY handle and contract address, and later unfollowed the impostor page.
• An impostor token promoted by the Instagram account briefly surged to roughly a $7 million market cap before collapsing, according to market trackers.
• Bubblemaps data show 70,201 addresses interacted with YZY, with 51,862 in loss, including 105 traders down $100,000 to $1 million each and three wallets losing more than $1 million.
• Only a tiny share captured outsized gains, with 11 wallets each profiting over $1 million and analysts tying about $12 million in profits to an early participant linked to prior celebrity token launches.
• On‑chain reviews cite structural choices — roughly 70% of supply earmarked to Yeezy Investments LLC, limited public float, single‑sided liquidity without a stablecoin pair, and rising fees — and estimates of aggregate losses range from the tens of millions to roughly $74–75 million as the token trades far below initial multibillion‑dollar valuations.