GMX Whale Wallet Phishing Attack Causing Damage $3.4 Million Worth Of GMX Tokens
A GMX whale lost $3.4 million in GMX, the native token of the decentralized trading system GMX, after falling for a phishing attack. On the open market, the tokens were subsequently sold. the attacker transferred GMX valued at around $3.4 million to a different address. Several members of the community saw unusual GMX token trades on January 3. The transactions were then identified as an exploit that stole $3.4 million worth of GMX tokens from a GMX whale by security companies CertiK and PeckShield. The phishing event was confirmed by the administrator of GMX’s Telegram channel, who also made it clear that there were no security issues with the GMX platform itself.
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