TesseraDAO loses about $2.5M after 99M TSR tokens are minted and dumped, sending TSR down 99% on BNB Chain.
TesseraDAO, a challenge on BNB Chain, confronted a token exploit that induced a pointy TSR worth collapse.
Blockchain safety trackers stated the attacker minted 99 million TSR tokens and bought them for about $2.5 million. The funds had been later moved throughout chains and despatched via Twister Money.
TesseraDAO Token Exploit Hits BNB Chain
Blockchain safety tracker Specter reported the TesseraDAO exploit on BNB Chain.
The agency stated the attacker minted 99 million TSR tokens after gaining management linked to possession entry.
The incident was later shared throughout crypto safety channels. The newly minted TSR tokens had been bought into the market quickly after the assault.
That sale positioned heavy stress on the token worth. Because of this, TSR fell by about 99%.
A challenge on BNB Chain, @TesseraDao , has been exploited. The attacker minted 99M $TSR and dumped the tokens for $2.4M.
Because of this, $TSR plunged 99%.
The attacker has already has deposited them into Twister Money.
Theft deal with:
0x2201037A1755eC48eC5f00Fea21A10A9E56f2Dd8… pic.twitter.com/ZMF1UETxlh— Specter (@SpecterAnalyst) June 2, 2026
The reported theft deal with was 0x2201037A1755eC48eC5f00Fea21A10A9E56f2Dd8.
On-chain displays linked the deal with to the mint and token sale. In addition they tracked later fund actions from the BNB Chain.
The assault drew consideration as a result of possession entry can have an effect on token contracts.
When such entry is abused, massive token mints can comply with. That may shortly injury market costs and holder balances.
Attacker Swaps TSR for USDT
Specter stated the exploiter swapped the minted TSR tokens for about 2.5 million USDT.
Different stories positioned the stolen worth close to $2.4 million. The figures confer with funds gained after the token dump.
After the swap, the attacker bridged the stolen funds to Ethereum. This step moved the worth away from the BNB Chain.
It additionally made monitoring rely upon cross-chain transaction data.
#PeckShieldAlert Specter has reported that 99M $TSR was minted and dumped (-99%) on #BNBchain ~19 hours in the past @TesseraDao.
The exploiter swapped the $TSR for ~2.5M $USDT, bridged the stolen funds to #Ethereum, and has already laundered 1,285.5 $ETH by way of #TornadoCash. pic.twitter.com/6cXKDyQi9l
— PeckShieldAlert (@PeckShieldAlert) June 2, 2026
The TSR worth drop adopted the big sell-off after the mint. Such promoting can drain liquidity and weaken market confidence.
On this case, the token misplaced almost all recorded worth. TesseraDAO had not offered a full public response within the equipped stories.
Merchants and holders had been left watching on-chain updates. Safety companies continued monitoring the exploit-linked pockets exercise.
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Twister Money Receives Stolen Funds
After reaching Ethereum, the exploiter started shifting funds via Twister Money.Specter reported that the attacker had already laundered 1,285.5 ETH via Twister Money. Safety trackers linked these transfers to the TesseraDAO exploit. Twister Money is commonly watched by safety companies after main crypto thefts.
The service could make fund tracing tougher for exchanges and investigators. Nevertheless, public blockchain data nonetheless present deposits from linked wallets.
PeckShield additionally reported Twister Money exercise linked to the UXLINK exploiter. The agency stated round $7.1 million had been deposited up to now.
That exercise was separate from the TesseraDAO case. The TesseraDAO assault provides to latest safety considerations throughout decentralized finance.
The case concerned a token mint, a market dump, and cross-chain transfers. Additional particulars might come from TesseraDAO, exchanges, or safety trackers.