BonkDAO Treasury Drained of ~$20M in Governance Attack

Rickler Feed (@rickler_feed), Jul 7, 2026, 07:48 UTC

BonkDAO Treasury Drained of ~$20M in Governance Attack BonkDAO was hit by a malicious governance proposal that drained an estimated $20M in BONK from its treasury, with the stolen tokens already moving to exchanges. The attacker bought BONK ahead of the vote to secure enough voting power to push the proposal through. BonkDAO says it has identified the exchange wallets used and is working with exchanges, bridges and the Solana Foundation to trace and freeze the funds. 👉 x.com/bonk_inu/status/2074191403781906800

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