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 workforce following the reported theft of round 16 trillion PEPE tokens. Pauly is now exposing workforce 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 workforce possesses roughly $16–17 million in PEPE tokens distributed throughout 9 wallets. Surprisingly, the insiders kept away from promoting the holdings. As an alternative, they strategically offloaded PEPE from a centralized change (CEX) pockets, establishing a considerable quick place.

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