Tessera DAO Token Crashes After 99M TSR Minted and Sold
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The post Tessera DAO Token Crashes After 99M TSR Minted and Sold appeared first on Coinpedia Fintech News
Security researchers reported that an exploiter minted 99 million TSR tokens and rapidly sold them on BNB Chain, causing the token’s price to fall by about 99%. The attacker allegedly exchanged the minted tokens for roughly $2.5 million in USDT, then bridged the funds to Ethereum. According to on-chain data, 1,285.5 ETH has already been …
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