😯 Token $GMX 9 collapsed by 20 percent in July.
The reason for the drop was a hacker attack.
Assets worth more than 42 million dollars were withdrawn from addresses, which, upon reaching one wallet, were partially transferred from Arbitrum to Ethereum.
The exchange team sent a transfer to the hacker's address with a message asking him to return 90 percent of the stolen funds and keep 10 percent as a reward for finding the vulnerability.
In response, the hacker only returned about 5.5 million dollars.
The coin is now recovering its growth.💪