Data: GAIN plummeted 95% after malicious issuance of 5 billion tokens, hackers have cashed out 3.01 million dollars

ChainCatcher news, according to crypto analyst Ai Yi @ai_9684's monitoring, the address 0xf3d…58db2 maliciously minted 5 billion GAIN tokens two hours ago and quickly sold them off, causing the token price to crash by 95%, with a total cash-out of approximately 3.01 million USD.

The address was created 11 hours ago, with funds originating from ETH received from Tornado 13 hours ago and then exchanged for BNB via Symbiosis cross-chain. The hacker began selling 22 minutes after the minting at 7:04, continuing for about 55 minutes, and is currently transferring profits across chains to networks such as Solana, Ethereum, Base, and Arbitrum via deBridge. Analysis suggests that this operation resembles exploiting a contract vulnerability rather than actions by the project team, and the specifics await confirmation from an official announcement.