TST developers sold $30,000 worth of tokens this morning, following CZ's statement that the private key to create TST has been deleted.
BlockBeats News, August 11, according to GMGN data, the TST developer address sold tokens worth over $30,000 11 hours ago. At the time of writing, the TST market cap is temporarily reported at $23.51 million, with a 24-hour decrease of 3.95%. Previously, Binance founder CZ stated that the private key for the TST address had been deleted. The original text review is as follows:
CZ wrote on February 6 this year: "A slightly awkward situation. A member of the BNB Chain team just told me: 'We made a step-by-step operation video tutorial for listing the MEME coin on the four.meme platform. In this video, we used a token called TST as an example. When we released this tutorial video yesterday, at the 1:18 mark, a frame revealed the token's name. Some KOLs from the Chinese community started trading and promoting this token, and now the token's market cap has reached $494,560.'
This team member deleted the video upon learning of the situation. But the internet doesn't forget. I suggested they put the tutorial video back up; that's how it is. This is not an endorsement of the token by me. The team member also deleted the private key of the address used to create the token in the video, which holds 0.13% of the total token supply. No one in the team (including Binance) holds this token. The token was not officially issued by the BNB Chain team or anyone; it was just a test token used in a tutorial video, that's all. Happy trading!"
You may also like

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

$1.3 Billion Debt: BitDeer Faces Tough Battle

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Ethereum Unveils Scaling Roadmap, What's Different This Time?

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?

Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx

Bloomberg: A Romanian Presidential Election Intervened by Crypto Traders

Founders Fund, Pantera, and Franklin Templeton join Sentient's "Arena" to stress test enterprise-level AI agents

Why Retail Is Shifting From Crypto to Equities: Will They Return?
Retail traders are exiting the crypto market and gravitating towards equities. Bitcoin saw a notable reduction in spot…

Canton Crypto Network vs. XRP: Understanding DTCC’s Strategic Approach to Infrastructure and Liquidity
Key Takeaways Canton Network and XRP serve distinct roles in blockchain technology: Canton for asset tokenization and atomic…

Jack Dorsey’s Block to Cut 4,000 Jobs in AI-Driven Restructuring
Key Takeaways Block’s significant job cuts aim to streamline operations for AI-driven growth. The company’s stock surged over…

Axiom Crypto Uncovered: ZachXBT Reveals $400k Insider Trading
Key Takeaways Allegations of insider trading at Axiom Crypto involve approximately $400,000 and a complex scheme where employees…

Ethereum 2029 Roadmap: ETH to Become the High-Speed Internet of Value
Key Takeaways Ethereum’s new roadmap, the “Strawmap,” aims for a settlement layer achieving 10,000 transactions per second (TPS)…