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

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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