BNB Chain: Former employee unauthorizedly used the original official test wallet to issue a new Meme coin, legal action has been taken

BNB Chain posted on platform X stating that a wallet address was previously created by a former employee and was used by them to issue a token (Meme coin TST) as part of a video tutorial.

The employee is no longer employed by the company due to this incident. After leaving, the employee retained unauthorized access to the relevant seed phrase and used it to generate a new private key.

BNB Chain has now learned that the same address is being independently used for activities related to a new Meme token (Meme coin ASTEROID on BNB Chain).

BNB Chain did not create, authorize, promote, or participate in the issuance of this token and has no control over the token or wallet address. These are unrelated to BNB Chain and have not been endorsed by BNB Chain.

BNB Chain is taking legal action against the former employee and is cooperating with relevant government agencies regarding this matter.