The Sandbox Guarantees 1:1 Reimbursement Following $14.7M Cross-Chain Bridge Exploit

August 29, 2026

Following an August 22 exploit that drained nearly 14.7 million SAND tokens, metaverse giant The Sandbox has pledged full 1:1 reimbursement for affected users across Base and BNB Chain using treasury funds.
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The Sandbox Resolves Cross-Chain Bridge Exploitation Involving Base and BNB Chains

August 22, 2026

The Sandbox has contained a cross-chain bridge exploit that allowed unauthorized minting of unbacked SAND on Base and BSC, prompting South Korean exchanges to halt transfers.
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