✅ Yes, there is a REAL case in the PEPE ecosystem where a whale had tokens locked/'frozen' that they cannot sell. This is not an invented rumor, and you can verify it yourself on blockchain explorers.

📌 What is real
✔️ After the launch of $PEPE on the Ethereum blockchain, one wallet address accumulated a large amount of PEPE tokens very early on.

✔️ That wallet was added to a "blacklist" by the contract developers, meaning that address cannot transfer or sell those tokens.

✔️ Currently, according to historical blockchain data, the amount of frozen PEPE is worth tens of millions of dollars (around $40M–$50M, based on user posts).

🚩 What is NOT verified or exaggerated:
❌ The specific figure of "67 MILLION DOLLARS" is not confirmed by credible sources or verifiable public data as of this date, although a similar value is plausible depending on market price and the amount frozen.

❌ There is no evidence of a contract specifically designed to scam all conventional PEPE holders, although many memecoins and meme projects do carry high risks and supply concentrations controlled by a few (a common risk factor in meme tokens).

📊 What is important to know (confirmed facts):

🔹 In many meme tokens like $PEPE, a large portion of the supply can be concentrated in a few wallets ("whales"), which can affect price and even be used for manipulation.

🔹 In the case of PEPE, there is blockchain evidence of a wallet holding a massive amount of tokens that has been blacklisted and cannot move them.

🔹 This shows that if you don't control your keys and haven't reviewed the smart contract, you could end up in situations where you cannot move your tokens, or where the project has functions that can freeze balances — this does happen in cryptocurrencies and is not false.