The meme-based cryptocurrency Pepe Coin is currently at the center of a swirling controversy involving a significant theft of tokens and claims of insider trading. On-chain analyst Yazan asserts that those with inside information have begun selling large quantities of their Pepe Coin, approximately 400 billion tokens so far. He strongly urges major crypto exchanges like Binance and OKEx to take steps to stop the suspected insider activity.
This follows a social media post from the official Pepe account that reported a loss of 16 trillion Pepe tokens, equivalent to $15 million, that were unlawfully moved to exchanges like OKX, Binance, Kucoin, and Bybit and then sold.
Jeremy “Pauly” Cahen, a former marketer for Pepe Coin, has similarly accused the people behind the cryptocurrency of insider trading, particularly after the dis
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First found on: Pepe Coin Engulfed in Controversy Over Significant Token Theft and Insider Trading Allegations
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