PEPE Market Activity Raises Concerns as Potential Hacker Ties Emerge

Despite a recent resurgence in price, the PEPE token has stirred recent activity with intriguing questions about its connection to hackers. Lookonchain recently revealed that five wallets made substantial investments – over $4.3 million – into PEPE within 8 hours, an unusual move considering the current market sentiment. Adding fuel to the fire, these addresses had previously withdrawn large sums of ETH from Tornado Cash, a commonly utilized tool for illicit activities by fraudsters and hackers.