GYM Network promised to use the entire project treasury to bolster the price of their token, which tanked as a result of the massive sell-off. "We can't promise that it will bring the price back to 0.20$ but we will use it All to recover this attack," they wrote on Telegram.
GYM Network exploited for $2.1 million
Attackers stole around $2.1 million from the GYM Network defi project after exploiting a bug in a recently-deployed contract that failed to check the identity of the caller. The attackers quickly transferred the stolen funds to the Tornado Cash cryptocurrency tumbler to cover their tracks.