Pepe Coin Official Telegram Hacked

blockchain.news:

According to an official statement on Pepe coin's Twitter account, the coin's Telegram group encountered a major security breach. The group's owner's old account was compromised, leading to the group's takeover. As a result, the group has been locked down, with efforts underway to regain access or potentially establish a new communication platform.

Meanwhile, all official communications for $PEPE have been channeled through the @pepecoineth Twitter account. The community has been urged to remain vigilant, especially concerning potential scams, including those involving airdrops, staking, mints, and claims.

However, the hacking announcement was met with skepticism from some quarters. A Twitter user, Rikka (@bimmy_5), raised questions about the simultaneous hacking of the Telegram, Discord, and Twitter accounts associated with $PEPE. Rikka's tweet alluded to a potential internal betrayal, suggesting that certain individuals might have cashed out an estimated $16M.

Another Twitter user, FireMooN (@Fatboy316931), issued a cautionary note to $Pepe holders. He warned that if there's a hack, someone might be attempting to flee the scene. He also made a promotional pitch for $mong, suggesting it as an alternative for those looking to safeguard their investments.

Before the community could fully digest the hacking news, another revelation emerged from Pepe's official Twitter . On August 24th, 2023, Pepe disclosed a series of unexpected transactions. Approximately 16 trillion $PEPE tokens, equivalent to about $15m USD, were transferred from the $PEPE multisig CEX Wallet to various prominent crypto exchanges. This move was unanticipated and raised a series of concerns within the community. The multisig wallet, initially set up