Security

PEPE coin Fake Website & Twitter Stole 3.56B PEPE Tokens

Phishing Alert! PeckShieldAlert Warns of Fake Pepe Coin Twitter Account and Website.

PeckShieldAlert, a top blockchain security company, has issued an urgent warning regarding a phishing site and a fake Twitter account related to the newly emerged Pepe (PEPE) meme coin. The company has confirmed that the Twitter account username (@pepecoineth_) is fraudulent, and a link, “pepecoin.vip” is a phishing website.

#PeckShieldAlert #phishing pepecoin[.]vip is a phishing site. @pepecoineth_ is a forged #PEPE Twitter account, not the real one.
Scammers have already grabbed 3.56B $PEPE. Do *NOT* fall prey to it!https://t.co/lyV9C0GYqJ pic.twitter.com/jspxLIZGke

— PeckShieldAlert (@PeckShieldAlert) April 19, 2023

Worryingly, the fake Twitter account has already gained over 11.8K followers, who are now vulnerable to a scam. Reports indicate that scammers have stolen 3.56 billion PEPE, through two separate transactions.

This news comes just days after Pepe’s debuted on April 16th, which has stunned many cryptocurrency traders with its tremendous performance. Pepe’s value has increased by over 21,000 times within three days of its launch.

Despite Pepe’s remarkable performance, many questions are being raised about whether it can replace established tokens like Shiba Inu (SHIB) and Dogecoin (DOGE). However, David Gokhshtein, the founder of Gokhshtein Media, disagrees. In a recent tweet, Gokhshtein stated that PEPE couldn’t replace Shiba Inu or Dogecoin and is far from becoming the next big thing in the meme coin world.

   

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