$GAIN just officially tweeted, 🔔 regarding the update on the $GAIN token attack

• Our Ethereum token is safe and unaffected.

• The attacker deployed malicious peer contracts on the Ethereum network and minted about 5 billion fake $GAIN tokens on the Binance Smart Chain using cross-chain endpoints.

• The hacker sold about 2.8% of the minted fake tokens, worth approximately 3 million dollars.

• Preliminary investigations show no evidence of internal wrongdoing, but there are signs that one of the private keys has been leaked.

Actions we have taken immediately:

• We have disabled cross-chain connections to prevent further unauthorized minting through the bridge.

• Informed exchanges to suspend $GAIN deposits, withdrawals, and trading on BSC.

• Pancakeswap liquidity pool has been shut down.

• Law enforcement has been notified.

Current status:

We have engaged an independent security firm and are preparing to restore legitimate balances based on a snapshot of new tokens and distribution.

As we finalize our action plan, we will release more details.