Foresight News|Aug 27, 2026 10:02
**[The Sandbox Releases Compensation Plan for Vulnerability Incident, Will Compensate at a 1:1 Ratio Using Treasury Funds]**
Foresight News reports that The Sandbox has published a post-incident analysis report regarding the vulnerability event on August 22. According to the report, attackers exploited a vulnerability in cross-chain configuration-related contracts on Base and BNB Smart Chain (BSC) to steal 14,742,341.84 SAND tokens from the Ethereum treasury, accounting for approximately 0.5% of the maximum supply. The estimated economic impact is around $1.4968 million, of which approximately $987,000 was actually retained by the attackers. The Ethereum mainnet and Polygon network were not affected. Until further notice, users are advised not to purchase or send SAND on Base or BNB Smart Chain. Contracts deployed on Base and BNB Smart Chain have been permanently disabled and will not be reopened.
The Sandbox stated that the attacker’s wallet address has been reported to blockchain analytics firms TRM Labs and Chainalysis, and the team has directly communicated with relevant exchanges. Additionally, The Sandbox announced a compensation plan, promising to compensate wallets that legally held cross-chain SAND on Base or BSC prior to the incident at a 1:1 ratio using Ethereum SAND. The funds will come from The Sandbox treasury, and no new tokens will be minted. The claim process will open within the next two weeks and remain available for two weeks.
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