Recent rumors about Kanye West selling his account to Barkmeta for $17 million have raised alarms in the crypto community. Barkmeta is known for trading meme coins and accusations of scams.
Barkmeta's Dubious Deals
In 2022, Barkmeta was involved in the POX token rug pull. In 2023, it was linked to the DeFiApes NFT collection, which raised over $40 million but eventually collapsed, causing significant losses for investors.
Changes in Kanye's Account Activity
On-chain analyst Blade noticed changes in Kanye's account activity. Posts shifted to focus on crypto and promoted a new meme coin launch. Kanye’s account started following a Barkmeta team member, sparking speculation about the account sale.
Reactions and Consequences
As suspicion grew, Barkmeta hosted a Twitter Space to promote the project, which only increased skepticism. Meanwhile, Kanye denies any connection with Barkmeta and promises that any future coin launch will be official and transparent.
The crypto community is closely monitoring the situation due to Barkmeta's history and Kanye's sudden change in online behavior.
