Incident Overview
The attackers exploited a misconfigured LayerZero bridge along with a compromised private key for the GAIN BSC contract. By setting a malicious peer contract on Ethereum, they bypassed validation checks and minted 5 billion counterfeit GAIN tokens on BSC. The attackers then sold approximately 150 million of these counterfeit tokens (about 2.8% of the total fake supply) on PancakeSwap, cashing out around USD 3 million.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.