GARI Denies Hacking Rumors After Token Plunged 80% in 24 Hours

In a Twitter post last night, the team behind the crypto-based social media platform, the Chingari App announced that they had not fallen victim to any hacks. Rumors of a rug pull or possible hack began after the Gari token lost more than 80% within 24 hours. Hacking Speculations Fuel Decline Last night, the short video platform moved quickly to assuage claims that its network had been hacked, attributing GARI’s sharp descent to a “market event”. Initially, the network’s native…