- Someone minted around $100 million worth of PAID tokens and sold most of it.
- PAID price dropped by 75% instantly but it’s not clear if it was a hacker or the team.
- The attacker could have potentially accessed the private keys of the team.
PaidNetwork has several successful audits so it’s strange to see a mint hack on the protocol. However, someone still managed to mint $100 million worth of the token and dumped it moving the price down by 80%.