Weird PEPE Transfers Spook Crypto Investors and Prompt Meme Coin’s 15% Plunge

CoinDesk reported:

Over 16 trillion tokens flowed out of the PEPE multisig wallet midday Thursday on its way to addresses associated with Binance, OXK, and Bybit. That action came shortly after on-chain sleuths noted troubling changes to the oversight of how that vault-like wallet handles transaction approvals.

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