Tessera (TSR) plunges 99% on BNB Chain after $2.5M exploit

The price of Tessera (TSR) on the BNB Chain has plummeted by approximately 99% following the unauthorized minting of 99 million tokens and a subsequent massive sell-off, according to security firm PeckShield. The attacker swapped the TSR for approximately 2.5 million USDT and bridged the funds to Ethereum. They then reportedly laundered 1,285.5 ETH through Tornado Cash.