Gamee Token Theft: 600M GMEE Tokens Exploited and Liquidated
- Social gaming platform Gamee's token GMEE suffered an exploit leading to the theft of 600 million tokens
- Tokens were liquidated for Ethereum and other cryptocurrencies
- Exploit targeted token contracts, not user wallets; contracts now secured
- Price of GMEE token plunged over 60% but has recovered some losses
- Gamee team securing unauthorized access, reviewing security, contacting law enforcement