legal action

Zhipu

2026-09-20 02:33:51

ZCode code-upload dispute escalates as company demands Zhipu erase all uploaded data

A dispute over Zhipu’s ZCode coding tool has moved into formal legal action after Taiyuan Chengming Technology sent the company a 12-page legal letter over what it described as unauthorized data uploads. According to the company, ZCode did not merely transmit small code snippets. It allegedly packaged and uploaded entire workspaces, including source code, system architecture, Git history, database passwords, API keys, cloud service credentials, and personal information tied to employees and end users. Chengming said one default workspace contained 32,932 files and about 411 million plaintext characters that were packaged for processing. A separate project contained 1,947 files and roughly 144 million characters, and only failed to reach Zhipu’s cloud because 32 consecutive upload attempts did not succeed. The company said the materials involved trade secrets, technical assets, and personal information. The letter also raises cross-border data questions. Chengming said ZCode’s Chinese privacy policy lists Beijing-based Zhipu as the service provider and data processor, while the English version names Zhipu’s wholly owned Singapore subsidiary and states that services are usually provided from Singapore and personal data is usually processed there. Chengming is asking where the data was stored, whether any overseas transfer occurred, whether it was shared with third parties, and whether it was used for model training. Zhipu had previously apologized, attributed the issue to the "codebase indexing" feature, said the problem had been fixed, and pledged to open-source ZCode and accept third-party review.

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Balancer

2026-09-04 15:06:42

Balancer Sends On-Chain Message to V1 Attacker: Respond by Sept 9 or Face Escalation

Balancer has sent an on-chain message to the known address involved in the V1 attack, offering a channel for communication and fund return. The attacker must respond privately via Blockscan before 5:00 UTC on September 9. If funds are returned to the DAO multisig address, Balancer will negotiate a bounty and will not pursue legal action solely for the return. Failure to respond will lead to technical, on-chain, and legal measures, with the bounty redirected to whistleblowers who help identify the attacker. This follows Balancer's August 31 disclosure of a V1 contract vulnerability that allowed LP funds to be drained.

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CZ

2026-08-01 11:10:43

CZ reposts BNB Chain statement on TST, calls related developer a scammer

Changpeng Zhao, widely known as CZ, reposted a BNB Chain statement on X and said the developer tied to the TST matter was "basically a scammer," adding a warning to "Stay SAFU." The remark came after BNB Chain said the TST address had been created by a former employee and used in a video tutorial to generate a token. According to the company, that person is no longer employed by BNB Chain because of the incident. BNB Chain said the former employee retained unauthorized access to the relevant mnemonic phrase after leaving the company and used it to generate a new private key. The company later learned that the same address was being used independently for a new meme token. BNB Chain said it did not create, authorize, promote, or participate in creating that token, and added that it has no control over the token or the wallet address involved. It also said neither the token nor the wallet address is affiliated with or endorsed by BNB Chain. The company said it is taking legal action against the former employee and is cooperating with the relevant authorities.

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BNB Chain

2026-08-01 10:25:56

BNB Chain says former employee used test wallet without authorization in ASTEROID meme token activity

BNB Chain said on Aug. 1 that a wallet address previously created by a former employee had first been used to issue the meme token TST as part of a video tutorial, and that the employee is no longer with the company over the incident. According to the statement, the former staff member retained unauthorized access to the relevant seed phrase after leaving and used it to generate a new private key. BNB Chain said it has since learned that the same address is being used independently in activity tied to another meme token, ASTEROID, on BNB Chain. The network said it did not create, authorize, promote, or participate in the token’s issuance and has no control over either the token or the wallet address. BNB Chain added that the matter is unrelated to the organization and not endorsed by it, and said it is taking legal action against the former employee while cooperating with relevant government agencies. BlockBeats had earlier reported that BSC ecosystem meme token ASTEROID reached a $10 million market capitalization within four hours of launch.

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BNB Chain

2026-08-01 10:16:49

BNB Chain says former employee used previously created wallet in new token incident

BNB Chain said on X that a wallet address at the center of a new token controversy had originally been created by a former employee and used in a video tutorial to generate tokens. The company said that individual is no longer employed there because of the incident. According to BNB Chain, after leaving the company, the former employee still had unauthorized access to the mnemonic phrase tied to the wallet and used it to generate a new private key. BNB Chain said it later learned that the same address was being used independently for a new meme token. The company said it did not create, authorize, promote, or participate in the creation of that token, and that it has no control over either the token or the wallet address. BNB Chain added that neither the token nor the wallet is associated with or endorsed by the company. It also said it is taking legal action against the former employee and cooperating with relevant authorities. Separately, community estimates cited in the update said the developer made more than $1 million from a bundled token launch.

1940

BNB Chain

2026-08-01 10:24:44

BNB Chain says ex-employee-linked wallet was used for TST tutorial token and later ASTEROID activity

BNB Chain said a wallet address previously created by a former employee was used to issue the meme token TST as part of a video tutorial. The company said that employee is no longer with the firm following the incident. According to BNB Chain, the former staffer retained unauthorized access to the related seed phrase after leaving and used it to generate new private keys. BNB Chain also said it has learned that the same address is now being used independently in activity tied to another meme token on BNB Chain, ASTEROID. The network said it did not create, authorize, promote, or participate in the launch of that token and has no control over either the token or the wallet address. BNB Chain added that the matter is unrelated to the organization and has not been endorsed by it. The company said it is taking legal action against the former employee and is cooperating with relevant government authorities over the case.

1980

Bithumb

2026-07-23 04:35:14

Bithumb Files for Court Seizure to Recover Remaining Bitcoin From $44B Mistake

Bithumb filed a provisional asset seizure request to recover 7 BTC still held by users after the Feb 6 clerical error that mistakenly sent 620,000 BTC. The FSS probe could reshape South Korea's virtual asset laws.

440

Turkey

2026-07-13 19:44:20

Turkey indicts 504 suspects in crypto-linked laundering case worth nearly 40 billion lira

Turkish prosecutors have indicted 504 suspects over an alleged money-laundering network that handled nearly 40 billion lira, or about $1 billion, through shell companies and cryptocurrency transactions. Prosecutors are seeking prison terms of up to 34.5 years for the alleged ringleader and up to 31 years for network managers. According to a 1,548-page indictment, the group moved funds tied to illegal betting through the “M80” platform, jewelry stores and POS terminals. Part of the proceeds was then converted into cryptocurrency and transferred abroad. Prosecutors also allege that some members ran investment fraud schemes by luring victims with promises of high returns. The case has now entered judicial proceedings, according to crypto.news, cited by Techub.

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