Massive Pepe coin theft sparks allegations of insider trading
Deflationary meme currency Pepe Coin is embroiled in a web of controversy surrounding a significant token theft and accusations of insider trading. As the Pepe Coin saga unfolds, an on-chain analyst known as Yazan alleges that individuals with privileged access have commenced the liquidation of their PEPE holdings, with a substantial volume of approximately 400 billion PEPE tokens already divested. Update: The number is now up to 665 billion $PEPE and the wallet selling still has 346 billion $PEPE. 0x22f6215b40434D9135B06f1C676fd9291936Aac3 — Yazan (@YazanXBT) August 26, 2023 Yazan has issued a fervent call to action, urging prominent cryptocurrency trading platforms such as Binance and OKEx to take proactive measures to quell the alleged insider trading practices. The claims come on the heels of a post on social media from the official Pepe account detailing how 16 trillion Pepe tokens — valued at $15 million — were illicitly transferred to crypto exchanges OKX, Binanc...