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GAIN crashes 95% after malicious issuance of 5 billion tokens, hackers cash out $3.01 million
2025-09-25 01:20

According to Odaily Planet Daily, crypto analyst Ai Yi @ai_9684 xtpa, the address 0 xf 3 d…58 db 2 maliciously issued 5 billion GAIN tokens two hours ago and then quickly sold them, causing a 95% flash crash in the price of the token and cashing out approximately $3.01 million. The address was created 11 hours ago, with funds originating from ETH received from Tornado 13 hours ago and then converted to BNB via Symbiosis. The hacker began selling 22 minutes after the issuance at 7:04 AM and continued for approximately 55 minutes. The hacker is currently transferring profits to Solana, Ethereum, Base, and Arbitrum networks via deBridge. Analysts believe this operation is more likely an exploitation of a contract vulnerability than an act by the project itself, and the details await official confirmation.