The Sandbox opens SAND compensation claims after bridge hack

  • The Sandbox opened claims for bridged SAND lost in the August 22 exploit.
  • Attackers withdrew 14,742,341.84 SAND from the Ethereum vault.
  • The Sandbox says the compromised bridge will not reopen.

The Sandbox has opened compensation claims for users whose bridged SAND on Base or BNB Smart Chain was lost in the August 22 exploit, offering a one-to-one payment in SAND on Ethereum. Individual wallet holders must submit claims through the project's portal, while users who held SAND on exchanges do not need to act separately. The process opened September 8 and closes at 4:00 p.m. UTC on September 22; late claims can be submitted for individual review through the end of October. Attackers withdrew 14,742,341.84 SAND from the Ethereum vault, with forensic estimates putting total economic damage near $1.49 million, while the post-mortem placed lost pool funds at about $697,000. The Sandbox said Ethereum and Polygon balances were unaffected and will not reopen the bridge because control of the compromised contracts remains permanently disputed. SAND traded near $0.041, up more than 2.7% over 24 hours but far below its November 2021 record of $8.44. Separately, Cronos resumed operations after halting block production to contain an attack on Tectonic, while Ledger and Trezor urged responsible vulnerability disclosure as AI accelerates bug discovery.

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