The former CEO of Binance, CZ, has once again distanced himself from the TST token, clarifying that neither he nor the BNB Chain team had any involvement in creating the token or its associated website and social media accounts. The TST token gained attention after a BNB team member created an educational video showcasing how to launch memecoins on the four.meme platform. Despite CZ's denial of ownership, the token's market capitalization surged to $41M before stabilizing at around $10M. CZ warned the team behind TST to stop using the Binance logo without authorization and misleading the community. He also emphasized that he personally does not own or invest in memecoins. Community-driven tokens like TST often use unauthorized branding to gain trust, posing risks to investors and notable brands in the crypto industry.



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