BonkDAO Drained of $20M in Governance Attack

BonkDAO was exploited for ~$20M in BONK tokens via a malicious governance proposal. Stolen funds are being moved to exchanges, causing the token's price to drop sharply and wiping $40M from its market cap within an hour.

Detected & updated continuously · Source: Ruma

Mentioned

Sources

@blckchaindaily

🚨 $20M OF $BONK TOKENS DRAINED FROM DAO VIA GOVERNANCE ATTACK, SENT TO EXCHANGES

@TheMoonShow

🚨 Around $20M worth of $BONK tokens stolen in a DAO governance attack. The stolen tokens are reportedly moving to exchanges. https://t.co/23M1LiXzNu

@247FrontRunners

🚨 $20M DRAINED FROM BONK'S DAO IN A GOVERNANCE ATTACK, AND IT'S HEADING TO EXCHANGES An attacker exploited $BONK's DAO governance to drain roughly $20M in tokens, and the funds have now started moving onto exchanges. Same playbook that's hit DAOs before: enough voting power to https://t.co/ZCuSQPF0TE

@WhaleInsider

JUST IN: $20 million of $BONK tokens drained from its DAO via governance attack, has started to be sent to exchanges. https://t.co/WBLR3dA6Ym

@BTC__Sunny

🩸崩盘 黑客攻击 $BONK 后几分钟内暴跌 15% 盗走了2000万美金的bonk https://t.co/q4smTcUUWE

@SBlockspy

Crypto doesnt care how strong the meme is... security always comes 1st Reports say around $20M in $BONK was drained through a malicious governance proposal, triggerng panic sellin and wiping roughly $40M from its market cap in about an hr...if those figures hold, its anothelr

@beincrypto

ALERT: BonkDAO has been exploited for $20M in a malicious governance attack. A fraudulent proposal successfully drained the treasury, and the stolen $BONK tokens are already being moved to exchanges. The team is actively working with platforms, the Solana Foundation, and law https://t.co/FZ43ybsyK7

@MaxCrypto

$BONK is dumping hard after $20M in tokens drained via malicious governance proposal. $40,000,000 wiped out from its market cap in the last 60 minutes. https://t.co/0oWhKEm9py

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