Autheo’s THEO Falls 92% Amid Suspected Base Bridge Exploit
Autheo asked users to pause THEO trading and bridging after 19 million tokens were minted and subsequently sold on Base, The Defiant reported.
Autheo’s THEO token dropped 92% amid a suspected bridge exploit on Base, according to The Defiant.
The report linked the incident to the minting of 19 million THEO tokens, followed by sales on the network.
Autheo urged holders to refrain from buying, selling or bridging THEO. The available report did not confirm the cause of the suspected exploit.
Source: The Defiant
