Crypto News – After roughly 16 trillion PEPE was stolen, crypto influencer Jeremy Pauly Cahen, who earlier promoted PEPE, has accused the Pepe Coin team of insider trading.
Meme Coin Pepe Accused of Insider Trading Due to Excessive Activity in Recent Days
In order to expose their transactions and wallets, he is actively doxxing the Pepe Coin team. Insiders’ significant Pepe Coin transactions have been revealed by several on-chain experts.
The Pepe Coin team is said to be storing at least $16–17 million in PEPE in 9 different wallets, according to a post by Pauly on August 26. Insiders didn’t sell anything from these wallets, though. Insiders of Pepe Coin purposefully sold PEPE after accumulating a sizable short position on the centralized exchange (CEX).
I’ll likely be working w/ multiple branches of law enforcement to make sure that @degenharambe & the rest of his partners on the @pepecoineth team get brought to justice as soon as possible. Their greed & crimes have caused undue harm to many.
Pauly
Pauly and Yazan Call on the Authorities
Additionally, he has listed the transactions of other Pepe Coin team members and doxxed them. According to Pauly, the Pepe Coin team is taking advantage of the community by lying about multi-sig wallets and PEPE holdings.
Insiders have reportedly begun dumping their PEPE shares, according to on-chain analyst Yazan. Yazan urged the cryptocurrency exchanges Binance, OKX, and others to take all necessary precautions to halt any insider-sourced transactions.
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