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PEPE 'founder' exposed for market manipulation, causing public outrage: a 1997 photographer who has purchased a Lamborghini.

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He used the revenue from issuing $pepe to purchase a Lamborghini worth $865,000, but the team did not give any money to Matt Furie, the original creator of Pepe the Frog.
Original title: "Smashing the plate and angering the public, PEPE 'founder' exposed: a 97-year-old photographer who has purchased a Lamborghini"
Source: TechFlow


PEPE dropped 16%!


On August 25th, the PEPE team's multi-signature address transferred 16 trillion PEPE tokens (approximately $15.08 million) to four centralized exchanges.


85 trillion PEPE (approximately 7.99 million USD) transferred to OKX;


6.7 trillion PEPE (approximately 629 million USD) transferred to Binance;


445.1 billion PEPE (approximately $410,000) transferred to Bybit;


400 billion PEPE (approximately 370,000 USD) transferred to Kucoin.



In addition, the PEPE multi-signature wallet has changed the threshold from 5/8 to only 2/8. This means that it no longer requires 5 out of 8 wallets to sign a transaction, but only 2 out of the 8 wallets.



The blatant team dumping has angered the community, including some "insiders".


Not Larva Labs founder Pauly, in a fit of anger, publicly revealed the information of the founder of PEPE on Twitter:



Zachary Testa, born in Phoenix, Arizona in 1997, graduated from Arizona State University in 2018 with a degree in Marketing.


Pauly said that he used the proceeds from the issuance of $pepe to purchase a purple Lamborghini worth $865,000, but his team did not give any money to Matt Furie, the original creator of Pepe the Frog.


Pauly said that he helped the PEPE team connect with the Binance listing team and the Sushi team.



Zachary Testa's biggest label is photographer. At the age of 12, photography captured his heart and he has been unstoppable ever since. He pursues photography as a lifelong pursuit. You can find his past works on his personal website https://ztesta.com or on Instagram @zachtesta.



As a landscape photographer, Zachary Testa travels through wilderness areas and indigenous lands with a bold style that ignores rules. He has a record of violating laws in areas where drones are prohibited, and has been fined multiple times by the National Park Service, which has resulted in his blacklisting by the public organization publiclandshateyou.


Currently, Zachary Testa has 4 publicly available wallet addresses:


0x8d2a5bdfc692ad912af77016fc75b49856c369f1


0xea40b0f6BA2aD77fF2FedAe98Ca67EaefCBCBE4A (badussy.eth)


0x9c46a675350ce1f7ca616bf4fb4e0a542295e302 611


0x40962b448aa899196906646340cb4eb61a8d49b4


PEPE team's internal distribution addresses include:



Finally, Pauly called on everyone to report to the SEC and left a friendly reminder: "When the sanction amount exceeds $1 million, the reward for the whistleblower can be 10% to 30% of the funds received."


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