THE BLOCK: BNB Chain is "pursuing legal action" against a former employee who allegedly retained the seed phrase for a tutorial wallet and used it to launch the ASTEROID memecoin. Lookonchain said four wallets linked to the employee bought nearly 80% of ASTEROID's supply for $10,000 before selling most of the tokens for about $638,000.

THE BLOCK: BNB Chain is "pursuing legal action" against a former employee who allegedly retained the seed phrase for a tutorial wallet and used it to launch the ASTEROID memecoin. Lookonchain said four wallets linked to the employee bought nearly 80% of ASTEROID's supply for $10,000 before selling most of the tokens for about $638,000.

Source:https://x.com/TheBlockCo/status/2083632033260323211