GriffinAI Founder: GAIN experienced abnormal issuance and was heavily sold off due to LayerZero contract spoofing attack

ChainCatcher news, GriffinAI founder @Griffin_AI disclosed that GAIN (BNB Chain) experienced an abnormal issuance and was heavily sold off a few hours ago, leading to a sharp price drop.

Upon investigation, it was found that the attacker initiated the attack by introducing an unauthorized LayerZero spoof node: they deployed a counterfeit Ethereum contract (token TTTTT, address 0x7a8caf) and added it as a LayerZero node for GAIN on the Ethereum side, thereby bypassing the official contract (0xccdbb9). Subsequently, the attacker minted 5 billion GAIN on the BNB Chain and continued to sell off. Currently, the related attacker's wallet still holds excess tokens.