BonkDAO was attacked by a malicious governance proposal, resulting in the theft of 20 million dollars worth of BONK tokens

By: rootdata|2026/07/07 00:42:08

BonkDAO disclosed on platform X that it suffered a malicious governance proposal attack, resulting in approximately 20 million dollars worth of BONK tokens being stolen from the BonkDAO treasury.

BonkDAO stated that during the investigation, the attacker was identified using an exchange wallet to purchase BONK before the proposal was initiated, and they are currently collaborating with exchanges, cross-chain bridges, and the Solana Foundation. Additionally, the team has notified law enforcement and continues to work with relevant parties to recover funds and trace the responsible individuals.

-- Price

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