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BNB Chain clears up unauthorized Meme token relationships with former employees

2026-08-03 00:44:19
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BNB Chain issued a clarification statement on the unauthorized creation of meme tokens by former employees.

The well-known blockchain network BNB Chain recently issued an official statement clarifying an incident related to unauthorized meme tokens. It is reported that the meme token is associated with a wallet address that previously belonged to a former employee of BNB Chain.

According to the news released by BNB Chain on the X platform, this meme token was created in a video tutorial, and the person who created the token is no longer an employee of the company. After leaving the company, the person still retained access to the mnemonic associated with the wallet.

BNB Chain further pointed out that the former employee used unauthorized mnemonic words he retained to generate the exclusive private key and used this to independently create the meme token. The platform emphasizes that it assumes no responsibility for the creation, authorization or promotion of this token. In addition, BNB Chain stated that the platform has no control over the activities or wallet addresses related to the unauthorized meme token.

Blockchain Ecosystem takes legal action to protect community safety and hold accountable

BNB Chain emphasized that it distanced itself from this unauthorized act and aimed at protecting the community from potential misleading or confusing. At the same time, the company reiterated that the community should be cautious about any projects or tokens that are not officially released through its official certification channels.

According to BNB Chain, the company is taking appropriate legal action against the former employees involved. Currently, BNB Chain is working with relevant authorities to ensure accountability is in place and maintain the integrity of its infrastructure. Overall, the company's prompt legal measures and public communications demonstrate its determination to maintain credibility and trust in the decentralized finance sector.

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