BNB Chain: Former employee used unauthorized mnemonic to generate new private key, legal action is being taken
2026-08-01 18:47:45
According to CoinMeta, Wu said that BNB Chain reported that a former employee created a wallet address and generated tokens while making video tutorials. After leaving the company, this employee retained unauthorized access to the relevant mnemonic phrases and used them to generate new private keys. BNB Chain discovered that this address was being used to associate with a new meme token, emphasizing that they did not create, authorize, promote, or participate in this token, and that there is no association or endorsement between the two parties. Currently, BNB Chain is taking legal action against this former employee and is cooperating with relevant law enforcement authorities regarding this matter.
Source:X
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