BNB Chain ‘pursuing legal action’ against former employee over memecoin launched from tutorial wallet
The Block·
60-second summary
BNB Chain is pursuing legal action against a former employee who allegedly bought nearly 80% of ASTEROID's supply for $10,000, then sold most of the tokens for approximately $638,000. This incident highlights potential security risks within the BNB Chain ecosystem, raising concerns about the misuse of internal tools and the need for enhanced security measures to prevent such incidents.
Lookonchain said the former employee bought nearly 80% of ASTEROID's supply for $10,000 before selling most of the tokens for about $638,000.