GALA Founder Says 'Attacker Identified, Working with FBI and Co'
CryptoNewsTerminal Staff21 May, 2024
GALA Founder Says 'Attacker Identified, Working with FBI and Co'
GALA Co-Founder on Game Exploit: 'Attacker Identified, Working with FBI' Blockchain game platform GALA's co-founder, Benefactor, announced that the platform has identified the attacker behind a recent exploit. The exploit allowed the attacker to mint 600 million GALA ($21 million) and burn 4.4 billion GALA. In a message via Twitter, Benefactor said, "The attacker sold ~600M GALA ($21M) and burnt ~4.4B GALA during the attack. However, we revoked access to GALA contract within 45 minutes. GALA's ETH contract is safe and protected by multisig. We are taking steps to ensure this doesn't happen again. We have identified the bad actor and are working with the FBI, DOJ [Department of Justice], and others to resolve the issue." The prompt did not provide any previous related news, so I could not include it in this article.
