Status: Reported / Under Review TL;DR Community reports and chain-analysis firms show YZY (Yeezy / Ye) memecoin spiked and then collapsed within hours of launch — thousands of traders lost money while a very small number of wallets profited heavily. Multiple news outlets flagged suspect insider trades and liquidity setup that resemble rug-pull mechanics. Cointelegraph Key facts Project / Token: YZY (Yeezy / Ye memecoin). Cointelegraph Date of launch & crash: August 21, 202