Pepecoin: Insider buying and selling claims floor amid token theft

Former Pepecoin (PEPE) promoter turned crypto influencer Jeremy “Pauly” Cahen has leveled insider buying and selling allegations in opposition to the Pepecoin group following the reported theft of round 16 trillion PEPE tokens. Pauly is now exposing group members’ identities, divulging their pockets actions. On-chain analysts additionally level to important Pepecoin transactions involving insiders.

In an Aug. 26 replace, Pauly disclosed that the Pepecoin group possesses roughly $16–17 million in PEPE tokens distributed throughout 9 wallets. Surprisingly, the insiders avoided promoting the holdings. As an alternative, they strategically offloaded PEPE from a centralized change (CEX) pockets, establishing a considerable brief place.

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