PEPE Team Denies Connection to Suspicious Wallet Transaction

Written By:
Ronak Kumar

Pepe Team Denies Connection To Suspicious Wallet Transaction

The actions in the $PEPE deployer wallet, including the suspicious transaction, are not associated with the current $PEPE team, as clarified in an official statement.

The transactions are linked to former team members who had previously stolen tokens from the $PEPE treasury, aligning with a 2023 incident where 16 trillion tokens (worth $15 million) were siphoned off. 

The anonymous founder of $PEPE blamed three ex-team members for the 2023 theft. These individuals reportedly removed themselves from the wallet and deleted their social media accounts afterward.

The community is urged to remain vigilant, and it is crucial to dissociate the current $PEPE team from these unauthorized actions.

Also Read: PEPE & WIF’s 50% Surge: Meme Coins Highlight Crypto’s Evolving Landscape

Correction: Pepe’s Internal Team has contacted us, to which specific names of individuals were removed, as the claims linking them to the misconduct are unverified. All speculative language and references to unrelated associations were removed to maintain neutral reporting.


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Ronak Kumar is a Crypto Journalist with over 3 years of experience covering blockchain, AI, finance, and emerging digital trends. With a background in Commerce (B.Com) and a Postgraduate Diploma in Management (PGDM), he combines business insight with a clear understanding of the evolving crypto space. His reporting has been featured in major publications, with his work cited by NDTV, Hindustan Times, and Outlook India on topics like Trump Memecoin, Bhutan’s crypto mining, and Barron Trump’s digital presence.