Gala Games exploiter returns $21 million taken from the $200 million exploit | Headlines | News | CoinMarketCap

05/21/2024 23:56
Gala Games exploiter returns $21 million taken from the $200 million exploit | Headlines | News | CoinMarketCap

The wallet address associated with the Gala Games exploit appears to have partially returned funds.  The digital wallet transferred out 5,913.2 …

The wallet address associated with the Gala Games exploit appears to have partially returned funds. 

The digital wallet transferred out 5,913.2 ETH, valued at $22.5 million, on-chain data shows. This is similar to the amount of GALA tokens sold off immediately after the Monday exploit. The situation is developing and the Block contacted Gala Games for confirmation.

After falling to its low of $0.040 yesterday, GALA trades at $0.043 as of 11:48 a.m. ET (15:48 UTC). The Block's price page for the token shows that GALA fell 1.94% within the past day.

The Gala Games exploit

On Monday, an unknown entity minted 5 billion GALA tokens, worth over $200 million. Following the incident, the price of the platform's native token GALA fell 15%, The Block previously reported.

Gala Games …

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