Crypto community rattled as tweets expose Zachary Testa’s $pepe coin ties, controversial car purchase, exchange links, and coin value drop.
- Recent tweets expose Zachary Testa’s connections with $pepe coin and allegations of ethical disregard, rocking the crypto world.
- Testa’s $865K Lamborghini buy with $pepe coin earnings angers for not benefiting Pepe’s creator.
- Testa’s Binance and SushiSwap connections draw scrutiny; alleged wilderness violations worsen concerns.
- Coin value falls 20% on wallet changes; $15.5M coin shift to major exchanges spotlights crypto transparency call
In a series of tweets that emerged just an hour ago, the crypto community has been rocked by revelations about Zachary Testa, also known as @degenharambe and @LordKekLol.
The founder of NotLarvaLabs, PAULY, shared information exposing Testa’s association with the $pepe coin and his alleged disregard for ethical considerations.
According to reports, Testa made a lavish purchase of a purple Lamborghini worth $865,000 using the earnings he accumulated from the $pepe coin.
This acquisition has caused significant controversy, as the original creator of Pepe the Frog, Matt Furie, did not receive any financial benefits from the coin’s success.
🚨 @pepecoineth Dox:
— PAULY (@Pauly0x) August 24, 2023
Testa’s Connections with Major Cryptocurrency Exchanges
Further insight reveals that Testa’s team had connections with the listings teams of major cryptocurrency exchanges, Binance and SushiSwap. This association ultimately led to the $pepe coin being listed on Binance, adding to the controversy surrounding Testa.
Adding to the controversy, Testa, who is also a landscape photographer, has allegedly violated laws in various wilderness areas.
These infractions include trespassing on sacred indigenous lands and regions with established drone bans, raising concerns about his behavior and disregard for legal regulations.
Online Presence and Personal Background
Testa’s personal website, ztesta.com, offers more information about his background and activities. However, his Instagram account, @zachtesta, has recently been set to private.
Other online aliases associated with Testa include Twitter handles @ztesties, which is verified, and @gayretardbitch, an unverified account suspected to be linked to him. Testa, born in 1997, completed his marketing degree from Arizona State University in 2018.
Several of Testa’s cryptocurrency wallet addresses have been disclosed, providing another avenue for verification and research:
– 0xea40b0f6BA2aD77fF2FedAe98Ca67EaefCBCBE4A (badussy.eth)
Significant Drop in $pepe Coin Value
Prior to these revelations, the value of the $pepe coin experienced a significant drop of approximately 20%. It went from a high of $0.00000111 the previous day to a low of $0.0000008787.
This decline is speculated to be a result of alterations in the coin’s multi-signature wallet thresholds. The criteria changed from requiring approvals from 5 of the 8 associated wallets to only 2.
In a stunning development, approximately 16 trillion $pepe coins, valued at roughly $15.5 million, were transferred from the multi-signature wallet to addresses linked with major exchanges like Binance, OKX, and Bybit.
This sizable transfer has caught the attention of the crypto community and raises further questions about Testa’s actions.
As the crypto world grapples with the shocking revelations surrounding Zachary Testa, it highlights the importance of transparency and accountability in the ever-evolving crypto landscape.
These ethical concerns and questionable actions serve as a reminder of the need for responsible behavior within the community.