CZ Labels TST Developer a Scammer Amid BNB Chain Fraud Allegations

CZ warns users to stay safe after identifying the TST creator as a scammer. BNB Chain confirms the token was generated by a former employee using unauthorized access and is pursuing legal action.

Woofun AI reports that CZ retweeted a BNB Chain post on X, explicitly stating, "This guy is basically a scammer. Stay SAFU!" BNB Chain clarified that the TST address was created by a former employee who used a video tutorial to generate tokens. The individual, no longer employed by the company, retained unauthorized access to a mnemonic phrase to generate new private keys. BNB Chain confirmed it did not create, authorize, or endorse the token and is taking legal action against the former employee while cooperating with authorities.