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Arcus denies issuing the Meme coin PENGUZILLA, stating it was done by an employee's personal wallet.

Arcus denies issuing the Meme coin PENGUZILLA, stating it was done by an employee's personal wallet.

ForesightNewsForesightNews2026/07/27 15:04
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Foresight News reports that a user posted on X claiming that Arcus deployed the meme coin PENGUZILLA on the Circus platform, sharing a related wallet address. In response, Arcus stated that the company has never deployed any tokens on Circus or any other launch platform, nor does it endorse such platforms. The mentioned wallet belongs to an Arcus employee's personal wallet; the employee issued this meme coin in a personal capacity. This matter is not connected to Arcus, dYdX platform, its products, or its roadmap.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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