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2026-08-02 23:59:28 UTC

RWATimes on Nostr: 📰 BNB Chain sues ex-employee over $628K memecoin trade 🗓️ Aug 02 2026 11:52 ...

📰 BNB Chain sues ex-employee over $628K memecoin trade
🗓️ Aug 02 2026 11:52 UTC - Olivia Stephanie

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 is suing a former employee for allegedly exploiting unauthorized access to a tutorial wallet's seed phrase to profit approximately $628,000 from a memecoin called ASTEROID.
➤ The former employee allegedly used the retained seed phrase to generate a new private key, acquire a significant portion of ASTEROID's supply, and then sell the tokens for profit.
➤ BNB Chain has distanced itself from the token, stating it was not affiliated or endorsed by the ecosystem, and is cooperating with authorities, though specific legal details remain undisclosed.

#bnbchain #memecoin #lawsuit #formeremployee #seedphrase #asteroid #lookonchain #tokenization #tutorialwallet #assetrecovery

🔗 Read more at: https://rwatimes.io/articles/crypto-bnb-chain-sues-ex-employee-over-628-k-memecoin-trade-842607053