Upbit Issues Security Warning for This Altcoin: Price Surges!

South Korea-based cryptocurrency exchange Upbit has issued a warning to investors to exercise caution regarding transactions for The Sandbox (SAND).

According to Upbit’s announcement dated August 22, 2026, suspected security issues have been detected on The Sandbox (SAND) network. Consequently, the exchange stated that volatility in the SAND price could increase and advised investors to be cautious.

The announcement also referenced transactions related to the suspected security issue. Upbit shared an address link on BaseScan for the relevant transactions: https://basescan.org/address/0x67624BFadee937c9281B4f98Ce18aF1bee01257e#tokentxns

Upbit asked The Sandbox (SAND) investors to review the announcement and be particularly careful with their transactions. It was also reminded that crypto assets carry high risks and that all or part of the investment amount could be lost.

According to CoinMarketCap data, SAND has risen by 11.59% in the last 24 hours and is trading at $0.049432831677927.