BNB Chain Takes Legal Action Over ASTEROID Insider Wallet Abuse
Four wallets linked to the staffer bought 80% of supply for $10K then dumped for $638K, a textbook insider-extraction pattern that CZ himself called a scam.
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Four wallets linked to the staffer bought 80% of supply for $10K then dumped for $638K, a textbook insider-extraction pattern that CZ himself called a scam.
The fake "Vladhood" post exploited Tenev's reach to flog a token on the very chain his firm launched, underscoring how memecoin rails and high-profile social accounts remain a soft target.
The X accounts for SpaceX-linked AI and satellite-internet brands were hijacked to promote a memecoin that the operator minted and dumped in minutes for roughly $125K.
The fraud piggy-backed on the ZKsync brand to deceive global crypto users, and on-chain tracing tied 120+ transactions to U.S.-sanctioned entities.
The dev had already cashed out roughly $611K in $SOL before the post was scrubbed; 39.52% of supply was concentrated in ten wallets funded by 20 $SOL of seed capital.
The Wall Street Journal reports that World Liberty Financial, the crypto venture backed by the Trump family, partnered…