To briefly explain the circumstances of this Bonk incident,

Korean Alpha EN (@korean_alpha_en), Jul 6, 2026, 18:46 UTC

To briefly explain the circumstances of this Bonk incident, 1. After uploading a malicious governance that was no different from hacking, they borrowed enough money from Margin Pie to pass it. 2. This exploits some kind of loophole in decentralized DAOs. Is this hacking or illegal? This seems controversial. 3. A similar case that immediately comes to mind is the Eisenberg incident at Mango Market. 4. In the case in question, in our perception, it was close to a clear hacking incident, but according to the court's judgment, it was a transaction permitted by a smart contract, and there was n…

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