BNB Chain Sues Ex-Employee over $628K Memecoin Trade

BNB Chain sues ex-employee over $628K memecoin trade

BNB Chain is pursuing legal action after alleging a former employee used a tutorial wallet to launch ASTEROID and profit about $628,000.

BNB Chain Pursues Legal Action Against Former Employee Over Unauthorized Memecoin Launch

BNB Chain is pursuing legal action against a former employee who allegedly retained unauthorized access to a company wallet and used it to launch a memecoin, generating substantial profits. The blockchain ecosystem disclosed in an official statement on Saturday that the wallet address was originally created for an internal video tutorial demonstrating how to generate tokens.  According to BNB Chain, the former staff member kept the wallet’s seed…

A Memecoin Launched From BNB Chain’s Tutorial Wallet. The Wallet’s History Turned It Into a Legal Case

BNB Chain says a former employee retained unauthorized access to a seed phrase, then used the old tutorial wallet in connection with a new memecoin. Onchain analysts say four linked wallets captured nearly 80% of the supply before selling most of it.

CoinStats - Allegations Ignite Over Unauthorized Token Cr...

BNB Chain is pursuing legal action against a former employee, accusing them of exploiting a seed phrase from a company tutorial for unauthorized purposes. The accused individual allegedly launched the ASTEROID meme token, leveraging a previously created wallet’s recovery phrase from an educational exercise.Continue Reading:Allegations Ignite Over Unauthorized Token Creation Within BNB Chain

BNB Chain pursues former employee over $638,000 ASTEROID tok

🚨 BNB Chain seeks legal action over $638,000 in trades linked to ASTEROID’s launch. 🧑‍💼 A former employee allegedly reused a tutorial wallet’s seed phrase to issue the token. 🪙 Four wallets amassed nearly 80% of $ASTEROID supply and sold for major profit. ...