The team behind memecoin Normie is attempting to reimburse affected holders through a new token launch after the memecoin’s smart contract was exploited by a hacker.

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The team behind memecoin Normie is attempting to reimburse affected holders through a new token launch after the memecoin’s smart contract was exploited by a hacker.

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Earlier on May 27, the Normie team reportedly agreed to the hacker's offer to return 90% of the stolen NORMIE tokens. This agreement was contingent on Normie using the returned funds, along with $2.3 million from the team's development wallet, to launch a new token to reimburse NORMIE holders.
The hacker has demanded that the token launch must occur before they return the stolen funds, as stated in a blockchain message from the exploiter seen by Lookonchain.

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Impact of Normie memecoin exploit on Investors