TesseraDAO ($TSR) Exploit: 99M Tokens Minted, $2.5M Drained Chain: BNB Chain Date: June 1, 2026 Loss: ~$2.5M What Happened: An attacker gained access to an admin key and minted 99 million $TSR out of thin air, then dumped them on the market. The token crashed almost 99% within hours. The Money Trail: 🔹 Minted 99M #TSR via compromised admin key 🔹 Dumped tokens for ~$2.5M in USDT 🔹 Bridged funds from BNB Chain to Ethereum 🔹 Laundered 1,285.5 $ETH through Tornado Cash Root Cause: Not a complex smart contract bug. A single point of failure: an admin key with unlimited mint rights. Many projects promote decentralization while quietly keeping backdoors that one compromised key can exploit. Lesson For You: Before aping into any low cap, check who controls the mint function. If a single wallet can mint unlimited supply, your investment is one leaked key away from zero. Stay sharp. Verify before you trust.