The Mobius Token (MBU) project suffered a hack on May 11, 2025, resulting in a loss of approximately $2.15 million. The exploit involved a minting vulnerability caused by a double-decimal bug in the smart contract on the BNB Chain, which allowed an attacker to mint 9.73 quadrillion MBU tokens from an initial 67 cents. The attacker then dumped the tokens and laundered the proceeds through Tornado Cash. This incident led to the rapid collapse of Mobius DAO, which went from launch to zero within three days. Additionally, on April 12, 2025, an unverified contract was exploited due to a lack of access control, causing a smaller loss of about $28,000. Security firm CertiK has provided detailed analyses of both vulnerabilities.