Griffin AI's GAIN Drops Following Unapproved Minting Incident on BNB Chain
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 25 2025Unauthorized Minting Incident: An attacker exploited a fake LayerZero peer to mint 5 billion GAIN tokens, leading to a rapid dump of 147.5 million tokens and a significant price drop of over 90%.
Response from Griffin AI: Griffin AI removed official liquidity for GAIN on BNB Chain and urged users to avoid interacting with any pools created by the attacker, while also coordinating with exchanges to suspend trading and withdrawals of GAIN on BSC.
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.
