BNB Chain Clarifies TST Token Incident Involving Former Employee

BNB Chain attributes unauthorized TST token deployment to a former employee retaining access, confirming no affiliation and initiating legal action against the individual.

Woofun AI reports that BNB Chain addressed the TST token incident, stating a former employee created a wallet address used in a tutorial video. The individual, no longer employed by the company, retained unauthorized access to the mnemonic phrase and generated new private keys to deploy the token independently. BNB Chain confirmed it did not create, authorize, or endorse the token or the associated wallet address. The chain is pursuing legal action against the former employee and cooperating with authorities regarding the unauthorized activity.