Cryptocurrency commentator Yazan stated on social media X (formerly Twitter) that Binance, OKX, Kucoin, and Bybit have received 16 trillion pieces of PEPE flowing out of the PEPE multi-signature wallet from the address (0xa34B091932D9c9ffcFF254c9Aa1B4210C81F2EA0), of which 67,000 100 million PEPEs were transferred to Binance, 8.5 trillion PEPEs were transferred to OKX, 445 billion PEPEs were transferred to ByBit, and 400 billion PEPEs were transferred to Kucoin.
These PEPEs were meant to fund exchange listings, not dumped on the free market, Yazan said.
Individuals involved in these transactions are bad actors, please be aware that they may have used fake KYC or may have purchased KYC verified accounts for malicious use.
Hopefully exchanges will question unusual activity and not let it go.
There may be police reports of these acts soon. Please take all necessary steps to freeze any transactions from the above addresses.