GMGN.ai Website Malicious Crawler And Flood Attacks

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GMGN.ai Logo/Homepage

GMGN.ai describes itself as a memecoin that's designed to help better connect traders with the "smart money". On November 15th, their website was attacked and they had to restore it. The incident was reported on Twitter as a traffic surge. This news was reported later on ODaily. It seems unlikely that any funds were lost in this case.

About GMGN.ai

"We sincerely appreciate your unwavering support and trust in GMGN. To express our gratitude to our early adopters, we are thrilled to introduce the GMGN Degen Pass, providing you with a range of unique and practical benefits, enhancing your experience with GMGN.

Wallet Tracking and Auto-Follow: Automatically follow the smart money and KOLs, generating profits in a hands-free experience.

Real-time Trade Notifications: Stay informed with real-time trading updates from smart money and KOLs, boosting your meme coin success rate by 80%.

Early Access to New Features: Be the first to access new features and services from GMGN.

Early Builder Badge: As a Pass holder, you'll have the opportunity to contribute to our product optimization plans, as our developers will list your desired features with higher priority.

Partner Profit-sharing Program: As a GMGN Degen Pass holder, if you invite more users to join, you can earn up to 50% in trading commission profits.

Exclusive Reward Opportunities: GMGN is always exploring ways to reward our early adopters directly. Pass holders will always have earliest access to these reward opportunities!

These benefits create a truly unique experience for GMGN Degen Pass holders!"

The Reality

This sections is included if a case involved deception or information that was unknown at the time. Examples include:

• When the service was actually started (if different than the "official story").
• Who actually ran a service and their own personal history.
• How the service was structured behind the scenes. (For example, there was no "trading bot".)
• Details of what audits reported and how vulnerabilities were missed during auditing.

What Happened

The specific events of the loss and how it came about. What actually happened to cause the loss and some of the events leading up to it.

Key Event Timeline - GMGN.ai Website Malicious Crawler And Flood Attacks

Date	Event	Description
December 21st, 2023 12:09:18 AM MST	Posted To ODaily	High level details of the breach are posted as a news item to ODaily.
November 15th, 2024 8:37:00 AM MST	Update On Telegram	The GMGN team posts an update on Telegram with the status of the attack and they've restored the website.
November 15th, 2024 9:54:00 AM MST	Report On Twitter	The incident is reported on Twitter as a brief surge in traffic. The team is taking measures to mitigate the problem.

Technical Details

This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?

Total Amount Lost

The total amount lost is unknown.

How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?

Immediate Reactions

"Due to an unexpected surge in traffic, our platform experienced a brief outage an hour ago, affecting your user experience. We sincerely apologize for the inconvenience caused.

To prevent such incidents in the future, GMGN has taken immediate measures, including upgrading server capacity, optimizing system architecture, and enhancing real-time monitoring. These steps aim to ensure platform stability and a smooth experience even during high-traffic periods.

Thank you for your understanding and support! If you have any questions, please don’t hesitate to contact our customer service team."

"The GMGN website has suffered a malicious attack, suspected to involve multiple methods, including common crawler attacks and flood attacks. The development team is currently working on emergency repairs, and the token details page, holdings collection feature, and transaction activity records have been restored."

Ultimate Outcome

"Odaily Planet Daily News gmgn website has just suffered a malicious attack, which includes high-frequency reptiles and flood attacks. The development team has urgently carried out the overhaul. At present, the position collection function and transaction activity recording function of the tokens detail page have been restored, and other services are gradually being restored."

Total Amount Recovered

There do not appear to have been any funds recovered in this case.

What funds were recovered? What funds were reimbursed for those affected users?

Ongoing Developments

What parts of this case are still remaining to be concluded?

Individual Prevention Policies

No specific policies for individual prevention have yet been identified in this case.

For the full list of how to protect your funds as an individual, check our Prevention Policies for Individuals guide.

Platform Prevention Policies

Policies for platforms to take to prevent this situation have not yet been selected in this case.

For the full list of how to protect your funds as a financial service, check our Prevention Policies for Platforms guide.

Regulatory Prevention Policies

No specific regulatory policies have yet been identified in this case.

For the full list of regulatory policies that can prevent loss, check our Prevention Policies for Regulators guide.