GMX is suspected of being hacked, resulting in a loss of approximately $42.00 million in assets. The hacker's initial funds came from Tornado.

On July 9, according to on-chain analyst Ember, $GMX may have had assets worth approximately $42.00 million stolen an hour and a half ago, including WBTC/WETH/UNI/FRAX/LINK/USDC/USDT.

The initial funds for the hacker address that stole the assets were transferred from Tornado two days ago.