Odaily News reports that PAULY, the whistleblower who revealed the identity of PEPE's founder, posted on X platform (formerly Twitter) stating that the official PEPE team holds PEPE coins worth $16-17 million in at least 9 internal wallets.



Previously, PEPE disclosed the truth behind the "multisig coin sale": three former members secretly sold coins and deleted multisig permissions, while the remaining 10.6 trillion PEPE coins are safe and have been transferred to a new address starting with 0x9f5E.



Jeremy Cahen, the founder of the NFT market Not Larva Labs (also known as PAULY), claimed that the "multisig coin sale truth" announced by PEPE was a complete lie and that he, Matt Furie, and the entire community were deceived by the PEPE team.



Yesterday, PAULY revealed that the true identity of the PEPE founder is Zachary Testa, who currently resides in Arizona. Zachary is known for using the accounts "z" (@degenharambe) and "Lord Kek" (@LordKekLol) on social media. Born in 1997, Zachary graduated from Arizona State University in 2018 and is now a professional photographer.



PAULY accuses Zachary Testa and his team of profiting from PEPE (even buying a Lamborghini) without giving any compensation to Matt Furie, the creator of the original "Sad Frog" (Pepe the Frog) image. PAULY also claims that he helped the PEPE team connect with the Binance listing team and the SushiSwap team, which enabled PEPE to be listed on Binance. Additionally, PAULY mentions that Zachary Testa has had multiple violations while practicing photography in real life.