🛡️ GMX Turns ETH into USDT After Hack Refund 💸

What do you do when a hacker returns $30 million worth of ETH? If you're GMX, you say "Thanks!" and swap it into USDT. 😅

The GMX team received 10,000 ETH back from a previous exploit and immediately converted it into 29.597 million USDT at ~$2,959 per ETH. This move likely prepares them for the next phase: compensating affected users.

Smart move or rushed reaction? Either way, it's a rare case of “hacked and refunded”—not something we hear every day in crypto. 👀

🧠 What’s your take—was converting to stablecoin the best play here?

Share your thoughts 👇

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