Gala Games, a blockchain gaming company, told its users to calm down after false fears of a multi-billion dollar hack or rug pull caused the GALA token to temporarily drop by 25.6%.
Gala Games later said that the initial panic was unwarranted because a single wallet address seemed to create more than $2 billion in GALA tokens out of thin air. This was noticed by blockchain security firm PeckShield on November 3.