Odaily Planet Daily reported that according to Bubblemaps on-chain analysis, the first buyer of YZY was Naseem, who spent $1.1 million to invest in TRUMP this year and ultimately made a profit of over $100 million.

YZY was deployed on-chain on August 17th, with the first actual transaction occurring on August 21st, when an address beginning with AwY 1 V purchased $250,000 worth of YZY. Bubblemaps discovered a strong correlation between the address beginning with AwY 1 V and wallets previously associated with Naseem, including those used to purchase Libra and Trump. Based on this evidence, there is reason to believe that the address beginning with AwY 1 V is Naseem.

As of now, Naseem has cashed out $800,000 from his initial purchase and still holds $600,000 in YZY, and may have used other addresses for transactions.