The currency originally started out as Coinye West, featuring a stylized caricature of Mr. West. After an initial lawsuit was filed last week, the coin’s image was updated to feature a “half-man half-fish hybrid who is wearing sunglasses,” according to a cease-and-desist letter filed by the coin’s creators. The ‘half-man, half-fish’ concept was a riff on a ‘South Park’ episode where Mr. West was depicted as preferring the, um, company of male fish.*
Coinye was just one of several notable digital currencies to have launched in the past several months, inspired by the astronomical valuations of Bitcoin. There are no available reports on Coinye’s price, or the number of Coinyes in circulation before the shutdown.
Dogecoin, another digital currency, was hacked on Christmas Day, with about $12,000 (21+ million dogecoins) stolen, according to TechCrunch.
*The South Park episode, ‘Fishsticks,’ is considered a classic, and Mr. West previously lashed out against it with a line in 2011’s ‘Gorgeous,’ threatening to “choke a South Park writer with a fish stick.” Watch the whole thing here.