BNB Chain Sues Ex-Employee Over A Tutorial Wallet That Became a Meme Coin
A wallet made for a BNB Chain training video came back to life. BNB Chain says a former employee still had the keys, and used them to launch a meme token nobody at the company approved.
The company is now suing that person. It says it does not own the token, does not back it, and cannot control the wallet.
How a Training Video Created a Real Wallet
It all started with a lesson. An employee set up a wallet address and made a token on it, all for a BNB Chain how-to video.
The token was a demo. It was never meant to trade. The wallet was meant to sit unused.
Then the employee left the company. BNB Chain says they kept the wallet's seed phrase.
A seed phrase is a short list of words. Anyone holding it owns the wallet forever. Using those words, the former employee made a new private key, according to BNB Chain.
… Continue reading the full article at the original source below.
