Kanye West faced scrutiny after launching YZY Money despite previously rejecting a $2 million crypto deal to avoid scamming his community.

Ye, formerly known as Kanye West, has launched his own cryptocurrency, Yeezy Money (YZY), on the Solana (SOL) blockchain.

According to a Forbes article, the memecoin jumped over 1,000% shortly after launch and reached a market capitalization of $3 ...