Token

Gala

<p>The post <a href="https://coinpedia.org/crypto-live-news/gala-games-exploiter-returns-22m-in-eth-after-gala-token-attack/" rel="noopener noreferrer nofollow">Gala Games Exploiter Returns $22M in ETH After GALA Token Attack</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Gala Games received 5,913.2 ETH (around $22.3 million) from the attacker who minted $200 million in GALA tokens on May 20. The attacker had sold a small portion before the wallet was frozen. The return was the result of prompt action by Gala and the enforcement of federal law. Additionally, 4.4 billion of the 5 million minted GALA tokens were frozen using GalaChain’s blocklist protocol. Currently, Gala plans to buy back and burn the GALA tokens with the returned ETH, pending a governance vote. The price of GALA rose by 9.3% this week.</p>

Gala Games Exploiter Returns $22M in ETH After GALA Token Attack

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