BonkDAO Attacked by Malicious Governance Proposal, Approximately $20 Million in BONK Stolen

TechFlow news, July 7, according to an official announcement, BonkDAO stated that its DAO treasury was attacked via a malicious governance proposal, resulting in the theft of approximately $20 million worth of BONK tokens. Investigations show that the relevant addresses had purchased BONK through exchange wallets before the proposal was initiated. BonkDAO is cooperating with exchanges, cross-chain bridges, and the Solana Foundation to handle the matter; law enforcement agencies have been notified, and will continue to pursue fund recovery and accountability.