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The Sandbox to reimburse SAND holders after 14.7M token bridge exploit
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The Sandbox to reimburse SAND holders after 14.7M token bridge exploit
The Sandbox will repay eligible SAND holders 1:1 after an Aug. 21 bridge exploit drained about 14.7 million tokens worth $700,000.Compensation will come from The Sandbox treasury without minting new SAND, with claims expected to open within two weeks.The attacker exploited a configuration flaw in the Base and BNB Chain contracts to mint more than 339 trillion unbacked SAND.The compromised bridge contracts will be permanently retired, while SAND on Ethereum and Polygon was unaffected.
2026-08-28 Source:crypto.news
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