Former BNB Chain employee nets $628K profit from unauthorized ASTEROID issuance

A former BNB Chain employee unauthorizedly issued the ASTEROID token, then used four newly created wallets to spend $10,000 buying 796.7 million ASTEROID, or 79.67% of the total supply, Lookonchain reported. The former employee later sold 718.8 million ASTEROID for 1,103 BNB, or about $638,000, generating an estimated profit of about $628,000.