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Trouble Continues for Pepe Coin as Telegram Account Hacked

10.09.2023
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Trouble Continues for Pepe Coin as Telegram Account Hacked

  • An Unauthorized individual had gained access to the account under the name “lordkeklol.”
  • For the next several weeks, PEPE will only be communicating information via its X account.

PEPE’s official twitter account shared an update today that the Pepe Telegram account had been compromised. Pepe Coin, a meme coin has been trending as of late, thanks in large part to disagreements among the project’s original developers and a $15 million heist of more than 16 trillion PEPE tokens. The tokens were then sent to centralized trading platforms.

The former Telegram account has apparently been hacked and is “no longer” in the authority of the Pepe team, as stated in a recent statement. According to the latest information, an unauthorized individual had gained access to the account under the name “lordkeklol” and was using it to spread frauds, mislead users, and introduce new cryptocurrencies.

Trouble Continues

Moreover, the project’s crew has verified that the person in question has no ties to PEPE or any of its current or former members. The update also includes a request from the team’s community that the group be flagged as a “fake account” so that it may be deleted and replaced with a fresh account.

According to the statement, for the next several weeks, PEPE will only be communicating official information via its twitter account. Also, after the theft of roughly $15 million worth of PEPE tokens by former employees, the cryptocurrency has been in the news, and many investors are worried that its price may continue to fall.

There has been tension between the original creators of PEPE coin and the current team working on the meme coin. On August 24, the tokens were unexpectedly transferred to many cryptocurrency exchanges, raising several questions.

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Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

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