BNB Chain Initiates Legal Proceedings Over Unauthorized Token Launch
BNB Chain has publicly addressed a serious incident involving a former employee. The issue centers on the unauthorized use of a company-associated test wallet to launch and promote new meme tokens after the individual's departure.
From Internal Tutorial to Unauthorized Deployment
According to the official statement, the wallet address in question was originally created by the employee during their tenure for legitimate educational purposes. It was used in video tutorials to demonstrate token creation, featuring an example meme token called TST.
The problem arose after the employee left the company. They retained unauthorized access to the wallet's seed phrase, generated new private keys, and began operating the address independently. This address has since been linked to promotion activities for a new meme token named ASTEROID.
Official Stance: Complete Disavowal and Action
BNB Chain's position is unequivocal:
- No Involvement: The company states it did not create, authorize, promote, or participate in the ASTEROID token in any capacity.
- No Control: BNB Chain asserts it has no control over the wallet address or the token launched from it.
- Legal Response: Citing misuse of resources and potential community misdirection, BNB Chain has begun legal action against the former employee.
- Regulatory Cooperation: The company is cooperating with relevant government agencies regarding the matter.
The employee is no longer with the company due to this incident. BNB Chain stresses that all activities related to this address and the new token are personal initiatives without any official endorsement.
A Warning to the Community
This event serves as a critical reminder that addresses historically linked to official projects can be repurposed for unauthorized activities. BNB Chain urges users and investors to verify all information through official channels and exercise caution with projects not formally announced by the core team to mitigate risks.