The Sandbox (SAND) Hack: Unbacked Tokens Minted on Base and BSC, Followed by Trading Caution Designation
The Sandbox announced that a vulnerability in the 2026-08-22 SAND cross-chain bridge allowed an attacker to mint unbacked SAND on Base and BNB Smart Chain (BSC). The project said it had contained the issue and suspended bridging on both networks, but in South Korea, August 24 Sandbox (SAND) was subsequently designated as a trading caution asset.