PAULY: The PEPE team's selling of coins is an illegal act of market manipulation and insider trading.

Odaily News: PAULY, the person who revealed the identity of PEPE's founder, posted on X platform (formerly Twitter) that the PEPE team previously stole over 10 million USD worth of funds from the CEX wallet and sold them on the public market. They have now transferred the remaining 9.6 million USD funds to a wallet controlled by an anonymous 25-year-old individual. Before stealing the CEX funds, they had set up a large number of short positions for insider trading. Their market manipulation and insider trading illegal activities are still ongoing.



In previous news, PEPE revealed the truth about "multi-signature coin selling": 3 former members secretly sold and deleted multi-signature permissions, and the remaining 10.6 trillion PEPE coins are safe and have been transferred to a new address starting with 0x9f5E.



PAULY, the founder of Not Larva Labs in the NFT market, claims that the "multi-signature coin selling truth" officially announced by PEPE is completely false and states that he, Matt Furie, and the entire community have been deceived by the PEPE team. The PEPE official team holds PEPE worth 16 to 17 million USD in at least 9 internal wallets.