TechFlow reports, on-chain sleuth CryptoNoddy discovered that the PEPE multisig wallet has changed its threshold from 5/8 to just 2/8, meaning it no longer requires five out of eight wallets to sign transactions, but instead only two out of eight.
Meanwhile, as of noon New York time, over 16 trillion tokens have flowed out of the PEPE multisig wallet to addresses associated with Binance, OXK, and Bybit. Following the exposure of these activities, PEPE dropped approximately 12%.
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