Flash
BNBChain: Legal action has been taken by a former employee to issue new Meme tokens without authorization using the original official test wallet
On August 1, BNBChain officially issued a document stating that a wallet address was previously created by a former employee and used by him to issue a token (Meme Coin TST) as part of a video tutorial. This employee no longer works for the company due to this incident. The employee retained unauthorized access to the relevant seed phrase after leaving the company and used it to generate a new private key. BNBChain has now learned that the same address is being used independently for activities related to a new Meme token (ASTEROID on BNBChain). BNBChain did not create, authorize, promote or participate in the generation of the token, nor did it have any control over the token or wallet address. None of these have anything to do with BNBChain and are not recognized by BNBChain. BNBChain is taking legal action against the former employee and is cooperating with relevant government agencies on the matter.