GriffinAI founder: GAIN was abnormally issued and sold off in large quantities due to LayerZero forged contract attack
2025-09-25 02:42
According to Odaily's Planet Daily, GriffinAI founder @Griffin_AI disclosed in a post that GAIN (on the BNB chain) experienced an unusual surge in issuance and subsequent massive sell-off several hours ago, causing a sharp price drop. An investigation revealed that the attacker launched the attack by introducing an unauthorized LayerZero forgery node. They deployed a fake Ethereum contract (token TTTTT, address 0x7a8caf) and added it as a LayerZero node for GAIN on Ethereum, bypassing the official contract (0xccdbb9). The attacker then issued an additional 5 billion GAIN on the BNB chain and subsequently sold them. The attacker's wallet currently holds the excess tokens.
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