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TesseraDAO TSR Token Unauthorized Mint Exploit

avoid.net/tesseradao-tsr-token-unauthorized-mint-exploit→3/100·78% conf.
[AI-DRAFTED · AWAITING VERIFICATION]
anchored·4ZnKf2…rV8Q

Summary

On June 1, 2026, an attacker leveraged a compromised admin key on BNB Chain to mint 99 million TSR tokens outside TesseraDAO's normal supply controls, swapping them for approximately $2.5 million in USDT and collapsing the TSR token price by approximately 99%. The exploiter subsequently bridged the stolen proceeds to Ethereum and laundered approximately 1,285.5 ETH through Tornado Cash. As of the date of reporting, TesseraDAO issued no public statement, raising unresolved questions about whether the incident constituted an external key compromise or an insider-orchestrated exit.

Connected Entities

1 entities · 10 linked investigations
Tokens
♦TesseraDAO TSR Token Unauthorized Mint Exploit
Relationships
    Also appears in
    edgeX Exchange·28Mach-O Man Malware Campaign (Lazarus / Chollima)·0Alephium Bridge·18Bunni Protocol·28BitGrail·2Shunda Park Scam Compound·0Thorchain DEX·28Crossmint·70Access Protocol·47Orca·80
    Have evidence about TesseraDAO TSR Token Unauthorized Mint Exploit?

    Timeline(4 events)

    2026-06-01

    At approximately 11:38:25 AM UTC, attacker address 0x2201037A1755eC48eC5f00Fea21A10A9E56f2Dd8 minted 99 million TSR tokens from the null address on BNB Chain using compromised admin access. Tokens were immediately sold on PancakeSwap TSR/USDT pair for approximately $2.5 million USDT, collapsing the TSR price by 99%.

    Crypto Times, The Cryptocurrency Post

    2026-06-01

    Stolen USDT proceeds bridged cross-chain from BNB Chain to Ethereum. Approximately 1,285.5 ETH laundered through Tornado Cash on Ethereum by the exploiter.

    Cryptopolitan, ChainCatcher, PeckShieldAlert

    2026-06-02

    On-chain analyst Specter (@SpecterAnalyst) publicly flags the exploit approximately 19 hours after the mint transaction. PeckShieldAlert confirms and documents the attack chain: mint, dump, bridge, launder. Multiple crypto news outlets publish reports.

    Crypto Times, The Cryptocurrency Post, UseTheBitcoin

    2026-06-02

    TesseraDAO issues no public response. No official statement, post-mortem, or communication to token holders is recorded as of reporting date.

    Crypto Economy, BitRss
    Provenance & Audit Trail
    Anchored on SolanaVerify on-chain

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.

    full audit log →version history →

    model: claude-sonnet-4-6

    generated: 6/15/2026, 11:12:10 PM

    last updated: 6/15/2026, 11:12:17 PM

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