A wallet address was previously created by a former employee, which they then used to generate a token, as part of a video tutorial. That individual is no longer with the company as part of this incident. The individual retained unauthorised access to the associated seed phrase after their departure and used it to generate a new private key. We are now aware that the same address is being used independently in connection with a new meme token. BNB Chain did not create, authorise, promote or participate in the creation of this token and has no control over the token or wallet address. These are not affiliated with or endorsed by BNB Chain. We are pursuing legal action against the former employee and cooperating with relevant authorities on this matter.