Arcus Denies PENGUZILLA Issuance, Attributes Token to Employee's Personal Wallet Activity

Arcus clarifies it never deployed PENGUZILLA on Circus. The token was issued by an employee personally, with no link to Arcus or dYdX products.

Woofun AI reports that Arcus has denied deploying the meme coin PENGUZILLA on the Circus platform, stating the company does not recognize such launch venues. The firm clarified that the wallet responsible for the issuance belongs to an individual employee acting in a personal capacity, asserting no connection to Arcus, dYdX, or their respective roadmaps.