Inside Pepecoin scandal: Rogue team members accused of $16 million heist

The Pepecoin (PEPE) community was thrown into turmoil following the unauthorized withdrawal of 16 trillion PEPE tokens, valued at approximately $16 million, from the project’s multisig wallet. The incident occurred on August 24, 2023, and led to a precipitous 15% drop in the value of PEPE tokens. The tokens were subsequently transferred to multiple cryptocurrency ... Read more