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The Sandbox SAND Token Hit by Cross-Chain Exploit, Attacker Mints Billions in Unbacked Tokens

CoinCentral·August 23, 2026·1 min read
The Sandbox SAND Token Hit by Cross-Chain Exploit, Attacker Mints Billions in Unbacked Tokens

An attacker exploited The Sandbox’s Base network contract, minting roughly 14.9 billion unbacked SAND tokens. Actual losses were around 14.75 million SAND drained from Ethereum, netting the attacker about $675,000 (80 ETH). The Sandbox halted bridging on Base and BNB Smart Chain to contain the damage. South Korean exchanges Upbit and Bithumb suspended SAND trading.

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