BNB Chain Takes Action Against Ex-Employee Over Rogue Memecoin

BNB Chain has initiated legal action against an ex-employee who allegedly launched a memecoin on the platform without permission.

The move comes after the employee, whose identity was not disclosed in the report, created and listed a new cryptocurrency called 'Meta' on BNB Chain.

The platform claims that the employee's actions breached their agreement and compromised user trust, resulting in significant losses for investors who had invested in the memecoin.