The creator of PEPE coin has been exposed amid the ongoing decline of the token's value.
Earlier today, the founder of PEPE coin found themselves unexpectedly exposed by an influential personality on Crypto Twitter. Pauly As the day progressed, Pauly took to X (formerly Twitter) to share provocative content, revealing personal details about the PEPE coin creator.
The reactions from the Twitter community have been mixed. While some users supported Pauly's right to express his views, others criticized him for infringing on someone's privacy by doxxing.
Pauly additionally alleged However, the act of doxxing wasn't the only headline in the PEPE coin world today. insider distribution wallets associated with Pepe.
Recent reports highlight a major event: the PEPE coin team's address executed a massive transfer of 16 trillion PEPE tokens, worth around $15.08 million, across four different centralized exchanges. This transaction caused the PEPE coin value to plummet by 15%.
In the midst of this upheaval, serious concerns have emerged regarding the security of the PEPE coin's multi-signature wallet. What was once protected by a robust 5 out of 8 multi-signature protocol has now been reduced to a much weaker 2 out of 8 setup, alarming many in the community.
We will continue to provide updates as more developments unfold.
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