The stock market crash angered the public, and the "founder" of PEPE was exposed: a photographer born in 1997 who has bought a Lamborghini

Cointime · 2023-08-25T05:43:13.000Z

Written by: Deep Chao TechFlow writer PEPE fell 16%! On August 25, the PEPE team’s multi-signature address transferred 16 trillion PEPE (approximately US$15.08 million) to 4 centralized exchanges, including: 8.5 trillion PEPE (approximately $7.99 million) were transferred to OKX; 6.7 trillion PEPE (approximately $6.29 million) were transferred to Binance; 445.1 billion PEPE (approximately US$410,000) were transferred to Bybit; 400 billion PEPE (approximately $370,000) were transferred to Kucoin. Additionally, the PEPE multi-signature wallet changed the threshold from 5/8 to just 2/8, meaning it no longer requires 5 out of 8 wallets to sign a transaction, but instead only requires 2 out of 8 wallets. .

Written by: TechFlow Water Draftsman
PEPE fell 16%!
On August 25, the PEPE team's multi-signature address transferred 160,000 PEPE (approximately 15.08 million US dollars) to 4 centralized exchanges, including:
8.5 trillion PEPE (about 7.99 million USD) transferred to OKX;
6.7 trillion PEPE (about 6.29 million USD) transferred to Binance;
445.1 billion PEPE (about 410,000 US dollars) were transferred to Bybit;
400 billion PEPE (about US$370,000) were transferred to Kucoin.
Additionally, the PEPE multi-signature wallet changed the threshold from 5/8 to only 2/8, meaning that instead of requiring 5 out of 8 wallets to sign a transaction, it only requires 2 out of 8 wallets.
The blatant team dumping angered the community, including some “insiders”.
Pauly, the founder of Not Larva Labs, was furious and disclosed the information of the founder of PEPE on Twitter:
Zachary Testa , born in Phoenix, Arizona in ’97, graduated from Arizona State University in 2018 with a degree in Marketing.
Pauly claimed that he used the proceeds from the release of $pepe to buy a purple Lamborghini worth $865,000, while his team did not give a penny to Matt Furie, the original creator of Pepe the Frog.
Pauly said that it was he who helped the PEPE team connect with the Binance listing team and the Sushi team.
Zachary Testa’s biggest personal label is a photographer. Photography captured his heart when he was 12 years old, and he has been unstoppable ever since, making photography his life pursuit. His past works can be found on his personal website https://ztesta.com or Instagram @zachtesta.
As a landscape photographer, Zachary Testa travels through wilderness areas and indigenous lands. His bold style makes him ignore the rules. He has repeatedly violated the law in areas where drones are prohibited, has been fined by the National Park Service many times, and has been blacklisted by the public organization publiclandshateyou.
Currently, Zachary Testa has 4 public wallet addresses:
0x8d2a5bdfc692ad912af77016fc75b49856c369f1
0xea40b0f6BA2aD77fF2FedAe98Ca67EaefCBCBE4A ( badussy.eth )
0x9c46a675350ce1f7ca616bf4fb4e0a542295e302611
0x40962b448aa899196906646340cb4eb61a8d49b4
PEPE team internal distribution addresses include:
Finally, Pauly called on everyone to report to the SEC and left a friendly reminder: "When the amount of sanctions exceeds $1 million, the whistleblower reward amount can reach 10% to 30% of the funds collected."