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Animoca-backed project comments on $15m exploit of token contracts

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Blockchain project Gamee reported exploit ing contracts for the native token Gamee (GMEE). In a Jan. 23 post, Animoca Brands-backed Gamee confirmed that its GMEE contracts to Polygon had been subject to “unauthorized access.” The incident resulted in the theft of 600 million tokens. At the time of the incident, the affected tokens were valued at $15 million. Summary: A few hours ago, there was unauthorized access to the $GMEE token contracts on Polygon leading to the theft of funds. Gamee team has secured all unauthorized access to the token contracts. The exploit affected proprietary team token reserves only, and no community-owned… — GMEE Token (@GAMEEToken) January 23, 2024 To mitigate the impact of the exploit, Gamee added that it will identify affected users and explore a plan to support its “loyal community during this difficult period.” “We understand the importance of trust and transparency for our community. We will continue to pro...