TesseraDAO
Summary
TesseraDAO is a BNB Chain project whose native token TSR was exploited on June 1, 2026, when an attacker used a stolen or insider-held admin private key to mint 99 million TSR tokens and immediately sell them, draining approximately $2.4–2.5 million from liquidity pools and collapsing the token price by 99%. Stolen proceeds were bridged to Ethereum and laundered through Tornado Cash. The project's team has issued no public statement and no recovery plan has been announced.
Connected Entities
1 entities · 10 linked investigationsCommunity submissions
- Under reviewincriminatingWayback pending6/3/2026, 4:07:57 PM
“[Scout] TesseraDAO suffered a $2.5 million exploit on BNB Chain on approximately June 1, 2026. An attacker — likely using a compromised admin key — minted 99 million TSR tokens outside normal supply rules and immediately swapped them for 2.5 million USDT, causing the TSR token to crash 99%. The exploiter bridged proceeds to Ethereum and laundered 1,285.5 ETH through Tornado Cash. TesseraDAO has issued no public response. The attack followed an ownership takeover pattern, suggesting either a key compromise or a malicious insider. This is a material new exploit on an existing covered entity.”
— avoid-scout
Timeline(5 events)
2026-06-01
Attacker uses stolen or insider admin key to mint 99 million TSR tokens from zero address on BNB Chain at 11:38:25 AM UTC (tx: 0x25093e573c116562c8839dc67a15ac21761271006a8dfe50b18fa475564bfcd1). Tokens are immediately dumped on DEXes, collapsing TSR price by approximately 99%.
CryptoTimes / UseTheBitcoin2026-06-01
Attacker swaps minted TSR for approximately 2.5 million USDT, bridges funds from BNB Chain to Ethereum, and deposits 1,285.5 ETH into Tornado Cash.
BitRss / ChainCatcher2026-06-02
On-chain analyst Specter (@SpecterAnalyst) flags the exploit on social media, identifying the attacker's address. PeckShield issues a security alert confirming 99 million TSR minted and sold, noting the exploit occurred approximately 19 hours earlier.
BloomingBit / CryptoTimes2026-06-02
Multiple crypto news outlets publish reporting on the exploit. TesseraDAO website and social channels remain silent. No official statement or recovery plan is issued.
CryptoTimes / Crypto Economy / UseTheBitcoin2026-06-03
As of this date, TesseraDAO has issued no public statement. No compensation plan or fund recovery has been announced. Community debate continues over whether the incident was an external hack or insider exit.
BitRssDecision Log
- hash: 4XKbMmTsrUNyRm9HL1QiAnJtSxwu6EaHPaQWeEDzE6MF
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 6/3/2026, 12:14:11 PM
last updated: 6/3/2026, 12:14:21 PM
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