$GAIN Faces Major Setback as Griffin AI Token Plummets 84%
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Exploit Details: Griffin AI's native token $GAIN experienced a catastrophic exploit, leading to an 84% price drop after an attacker created 5 billion counterfeit tokens using a false LayerZero Peer on Ethereum, which were then liquidated for approximately $3 million.
Market Impact: The exploit resulted in a significant loss of market capitalization for $GAIN, plummeting by nearly 81.66% to $4.6 million, highlighting the vulnerabilities in cross-chain bridges and the potential for a single exploit to severely undermine investor trust.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.








