Burn

Pepe

Trillion

The <a target="_blank" href="https://tokeninsight.com/en/coins/pepe/overview">Pepe</a> team announced that the 10.6 trillion $PEPE left in the multisig has been transferred to a new wallet, 0x9f5E46E4990dee30665b2e803BA134564D1e087F.
A person in charge said, " I have been in negotiation with the owners of some web domains and usernames that I am looking into acquiring for $PEPE, and when I am complete with any of these prospective purchases or donations of $PEPE from the multi-sig, I will burn the remainder of these multi-sig tokens."
On August 24, a series of controversial transactions took place from the $PEPE multisig CEX wallet, as around 16 trillion $PEPE (worth around $15 million at the time) was transferred to OKX, Binance, KuCoin, and Bybit, which caused the price of $PEPE to plummet. Then, the multisig was reduced from a 5/8 signer count to 2/8. In a statement, the Pepe team claimed that those were done by three former team members.
Related: <a target="_blank" href="https://tokeninsight.com/en/news/pepe-confirms-former-team-members-stole-16-trillion-tokens-from-multisig-wallet">PEPE Confirms Former Team Members Stole 16 Trillion Tokens from Multisig Wallet</a>
<img src="https://s2.tokeninsight.com/static/calendar/img20230827023555c8947c0b-1312-4b4b-be57-04c4a9576dcc.jpg">
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10.6T $PEPE in Multisig Transferred to New Wallet, Team Promises Burn

TokenInsight

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