🚨 Griffin AI Hack: Everything We Know

On September 25, the Griffin AI project faced a major attack: a hacker generated 5 billion fake GAIN tokens through an unauthorized LayerZero Peer and cashed them out for approximately $3–4 million.

Key Details:

  • The attack affected the cross-chain mechanism between Ethereum and BNB Chain.

  • The false address allowed the issuance of tokens beyond the emission limit (1 billion → 5.3 billion).

  • Part of the funds was transferred through Tornado Cash, making tracking more difficult.

Project reaction:

  • Griffin AI has suspended trading and the withdrawal of GAIN on BSC.

  • The team is coordinating actions with exchanges and security partners.

  • The community is actively discussing the possibility of an insider attack.

Why this is important:
The attack once again highlighted vulnerabilities in cross-chain bridges — a key DeFi infrastructure.

#news #crypto #defi #analysis $GRIFFAIN