PEPE Token’s official Twitter account recently released a comprehensive statement to clear up confusion surrounding unexpected transactions from its multi-sig CEX Wallet. The announcement came after approximately 16 trillion PEPE tokens were transferred to various crypto exchanges. The Twitter statement assures the community that the remaining 10 trillion tokens are secure and that the account is in responsible hands.

an announcement to the $PEPE community:

Yesterday on August 24th, 2023, a series of unexpected transactions took place from the $PEPE multisig CEX

Wallet in which ~16 Trillion $PEPE tokens (worth roughly $15m USD) were transferred to various crypto exchanges (OKX, Binance,… pic.twitter.com/iZmXV1TAvw

— Pepe (@pepecoineth) August 26, 2023

The announcement also delves into the internal strife that has plagued PEPE Token since its inception. It reveals that a portion of the original team, driven by greed and ego, had been obstructing progress. These ex-team members recently returned to transfer a massive amount of tokens to exchanges and then removed themselves from the multi-sig setup.

PEPE’s team assures that the remaining tokens are in safe hands and promises a brighter future for PEPE Token. Discussions have already begun with prominent community members to guide the token towards becoming a decentralized and anti-fragile meme-coin asset.

The future of PEPE Token is looking increasingly bright. With the bad actors out of the picture and a committed team in place, PEPE is poised to thrive as a decentralized and anti-fragile asset in the crypto space.

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