The Gem Pad token launchpad has been exploited for $2M on multiple chains
The Gem Pad token launchpad is posting suspicious transactions, on-chain research shows. The platform for token launches and sales was exploited for an estimated $2.2M. Gem Pad is sending out suspicious transactions, pointing to an exploit of multiple chains and tokens. The Gem Pad team immediately mitigated the hack, explaining that multiple security locks had…