Griffin AI (GAIN), a Web3 AI project that launched on Binance Alpha yesterday, is facing its first major crisis. Within 24 hours of its debut, $GAIN briefly plunged more than 90% after a wave of abnormal minting and heavy on-chain dumping shook investor confidence. On-chain data shows the exploit originated from a suspicious cross-chain setup that allowed billions of fake tokens to be created. Exploit Details: 5 Billion Tokens Minted At 7:04 AM (UTC+8), blockchain records revealed that address 0xF3…8Db2 minted 5 billion GAIN from the null address (0x00…0000). This minting event inflated the total supply from its intended 1
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