Coinbase executive: It is estimated that at least 94% of YZY tokens are held by insiders

ChainCatcher news, Coinbase executive Conor Grogan stated on social media, "I estimate that at least 94% of YZY tokens are held by insiders; 87% of the tokens are held by a single multi-signature wallet (which has now been distributed to multiple wallets); over 3% of the tokens were purchased at market open by multiple (pre-prepared) wallets through a single large transaction; over 7% of the tokens are in liquidity pools."