Suspected irregular minting detected in The Sandbox SAND contract on Base

Suspicious token minting activity has been detected in metaverse project The Sandbox’s SAND smart contract on Base, ChainCatcher reported. A related address, 0x6762…257e, is said to have obtained minting authority and minted SAND tokens without limit, with claims that more than 500 million tokens have already been issued. The official team has not announced the exact cause.