Previously, Kanye West shared a tweet on cryptography: “When people earn all that money with a currency it is that cash or concept.”
Given the alleged interest of Chicago Rapstar and its next account in X called Yzy Money, it caused a rumor that it is about to launch a project related to crypto.
This caused a risky bet of some in a Token named Yzy, which briefly fired the currency market limit to $ 120 million.
According ProtoA merchant, which the medium did not appoint, invested $ 750,000 in Yzy based on the pump fun.
However, given uncertainty, the value of the currency decreased by $ 7.5 million in seconds, which resulted in a loss of $ 500,000.
Although the Force Hitmaker announced that not Token faces money problems, as recent reports suggest, but, on the contrary, Kanye said his net assets this year is about $ 3 billion.
On the contrary, estimates from other sources show a less significant figure than claimed, which is closer to $ 350 million, since its wealth decreased sharply after several brands cut the ties with it after its anti -Semitic outbursts.
However, Kanye is not reducing his expenses, despite the losses in his business. “In addition, he has canceled so many contracts and, to top it off, he made very bad real estate offers,” said a source before The Heat World.
“However, he has not stopped spending as if he were winning millions a day, he will end up in a disaster,” the Tipster titled.
Meanwhile, a documentary about YE titled in whose name? It will be launched on September 19.
