The suspicious withdrawal from the former project members lead the way.
However, the most significant incident, the PEPE withdrawal, accounted for $13.2 million in losses, making it one of the most significant exploits in August.
The incident involved a mysterious withdrawal of $16 million from the Pepecoin project’s multi-sig wallet. Reportedly, three former members of the project planned the theft and subsequently handed over control to the sole remaining one.by approximately 15% on Aug. 24, sparked by the community’s fear of a potential rug pull after spotting the sum withdrawn from the Pepe multi-sig wallet and transferred to various exchanges.
PEPE is currently trading at $0.000000816110, down by 8% over the past week, with a 24-hour trading volume of $63,593,981, according to data from CoinGecko.
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