Autheo's THEO sinks 92% after bridge exploit: attacker minted 19M unbacked tokens, swapped for $1.76M ETH

Autheo's THEO token fell 92% in 24 hours on Base after a suspected bridge exploit: the attacker minted 19 million unbacked THEO tokens using a single trusted relayer key and swapped them for ~700.8 ETH worth $1.76M, bridging the ETH to Ethereum. MEXC suspended THEO deposits. Autheo urged users not to buy, sell or bridge until an official all-clear.

Detected & updated continuously · Source: Nebula