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LayerZero Labs post contradicts earlier statement on McPepes activity, Zach Rynes reveals

LayerZero Labs post contradicts earlier statement on McPepes activity, Zach Rynes reveals
LayerZero post disputes memecoin claim

Zach Rynes, industry influencer, reports that a recent post by LayerZero Labs contradicts a previous claim from Bryan regarding the LayerZero Labs multisig signer's activities with the McPepes memecoin on Uniswap. According to Rynes, the claim that the signer was simply testing the PEPE OFT integration does not hold up in light of new information.

Rynes previously reported on a $292 million rsETH bridge exploit attributed to a North Korean hacker breach of LayerZero Labs' infrastructure. In another update, ChainlinkGod noted that Chainlink CCIP processed more than $5 billion in top token transfers over 90 days. These past observations add context to ongoing scrutiny of LayerZero Labs’ activities and blockchain integrity.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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