An address fell for a YZY investment scam, losing $710,000, then bought the genuine coin, currently facing an unrealized loss of $424,000.

BlockBeats News, August 27th, according to crypto KOL Kakashi, a wallet address invested in the Meme token YZY, bought fake tokens and suffered a loss of $710,000. Later, they bought genuine YZY tokens, spending $740,400, currently sitting on an unrealized loss of $424,000 and has not sold yet.

Source

Correction/Report

RelatedRecommended

About Kanye Coin YZY: Information and Concerns

This is another breaking point, or is it another "Milly"?

Catch Trump, Choose YZY Right, Anonymous Trader Naseem Rises to Fame

He may have behind him either a lone wolf or a professional sniper team, aiming to disrupt the coin's price action and profit from it.

Key Market Intelligence on August 21st, how much did you miss out on?

1. On-chain Funds: $2.3M inflow to Base; $1.5M outflow from Ethereum 2. Largest Price Swing: $OKB, $KET 3. Top News: Kanye West: Official Token Now Launched

On-chain Rebound, Sniper Tool OCR Reaches New Heights with Hundredfold ROI Myth

What Kind of Black Technology is OCR?

Rapper Kanye West Coin Offering Controversy: Suspicious Activity on X Account, Another Carefully Orchestrated "Rug Pull"?

On-Chain Activity