PEPE Insider Manipulation: $15.08M Reported Loss
PEPE said on Twitter that 16 trillion pieces of PEPE were sold yesterday because three former members deleted the multi-signature permissions after stealing tokens.
- Reported loss
- $ 15,080,000
- Attack category
- Insider Manipulation
Incident Overview
However, Jeremy Cahen, founder of the NFT market Not Larva Labs, issued a post saying that the "truth" announced by PEPE was a complete lie, and said that he and the community were used by the PEPE team. On August 26, PEPE tweeted that PEPE's Telegram group is currently locked, the group owner's old Telegram account was hacked, and the group has been taken over by hackers.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.