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The Sandbox rallies as a suspected mint attack adds 500M tokens


The Sandbox rallies as a suspected mint attack adds 500M tokens

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On-chain researchers report perpetrators may have minted several hundred million SAND tokens, indicating a potential security violation and acute supply inflation risk for The Sandbox token. On August 22, 2026 South Korean exchange Upbit warned traders to treat SAND with "special caution", flagging CEX trading risk and potential impacts on price, liquidity, DeFi integrations and investor confidence while investigations proceed.

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A potential violation of security surrounding The Sandbox’s SAND token has caused a stir among traders. According to on-chain researchers, the perpetrators could be behind the minting of several hundred million in SAND tokens. On August 22, 2026, South Korean exchange Upbit cautioned traders to treat SAND with “special caution” due to indications of problems...
Read the article at CryptoPolitan

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