Gala Games Recovers $23M in Ethereum After Major Token Exploit

The attacker returned a portion of the stolen funds following a $240 million breach, prompting plans for a token buyback and burn.

Gala Games suffered a $240 million hack, leading to a 20% drop in its token value.
The attacker minted 5 billion GALA tokens and sold 600 million before being stopped.
$23 million in Ethereum was returned by the attacker, with Gala planning to buy and burn tokens using these funds.
The remaining 4.4 billion tokens are frozen and may be considered burned by the community.
Gala is working with authorities to identify and prosecute the attacker.