BonkDAO said a malicious governance proposal drained an estimated $20 million worth of BONK tokens from its treasury. According to NS3.AI, the DAO said the incident was carried out through a governance vote rather than exploiting a smart-contract bug.
BonkDAO said it has notified law enforcement and that recovery efforts are ongoing.
BonkDAO Says Malicious Governance Vote Drained About $20 Million in BONK From Treasury
2026-07-06 20:36:36
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