The decentralized finance project Mpeppe (also known as MPEPPE or MPEPE) has been accused of orchestrating a false pre-sale in which several investors allegedly paid fees but did not receive tokens. The project claims that the funds will be used to build the casino, collect non-fungible tokens (NFTs) for player cards, and the decentralized finance (DeFi) protocol associated with the token. Blockchain data shows that the entire supply of the token is held by its deployer account, and no tokens are offered to investors.