On April 21, 2025, Kanye West, now known as Ye, disclosed on X that he engaged in sexual acts with his male cousin during their youth. This confession accompanied the release of his new song “Cousins,” which delves into the traumatic experience and its lasting impact. Ye attributed the initiation of these acts to exposure to explicit magazines found in his mother’s closet, leading to reenactments with his cousin. The cousin in question is currently serving a life sentence for the murder of a pregnant woman, a fact Ye connects to their shared past.
The explicit nature of Ye’s admission has ignited widespread debate and concern. Mental health professionals and the public alike are grappling with the implications of such a disclosure, questioning the boundaries between personal trauma and public confession. The incident has also reignited discussions about the influence of early exposure to adult content on children’s development.
Polymarket Bets on Ye’s Sexual Orientation Stir Ethical Debates
After Kanye West’s post , Polymarket users began placing bets on his sexual orientation. The question “Is Kanye queer?” appeared on the prediction market platform with over $16,000 in volume and a 3% chance assigned to a “yes” outcome. The odds dropped 22% in one day, but activity remained steady throughout April 22–25, as shown in the chart.
This betting trend highlights a wider issue in crypto gambling—turning deeply personal or traumatic topics into speculation. Some bettors treat these predictions as entertainment or simple forecasting. However, critics argue that wagering on someone’s identity, especially following a sensitive revelation, crosses ethical lines. The market’s existence raised debates about how far these platforms should go.
As celebrities continue to share personal stories online, the gap between public and private lives keeps shrinking. Platforms like Polymarket are now monetizing that blur. While some see this as free expression or decentralized culture, others question whether it’s appropriate to make a person’s trauma the subject of financial bets.
YZY Token Remains Unlaunched Amid Mounting Speculation
Despite widespread anticipation, Kanye West’s proposed cryptocurrency, the YZY token, has yet to materialize. Initially slated for a February 2025 release, the token’s launch has been delayed without official explanation. This absence of concrete information has fueled speculation and uncertainty within the crypto community.
Ye’s last public statement regarding the token came in February, where he declared all existing YZY tokens as “fake” and announced plans to launch his own. Since then, no further updates have been provided, and his official channels remain silent on the matter. This lack of communication has led to skepticism about the project’s legitimacy and future.
Meanwhile, various unverified YZY-themed tokens have appeared on platforms like Solana’s Pump.fun, further complicating the situation.
These tokens have no confirmed association with Ye, and their emergence has raised concerns about potential scams exploiting the artist’s name. Investors are advised to exercise caution and await official announcements before engaging with any YZY-branded cryptocurrencies.