Someone Spent $4.4 Million to Legally Vote Themselves $20 Million From the BONK Treasury

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BonkDAO governance attack graphic: attacker spent $4.4 million to legally drain $20 million from the BONK treasury

No hack. No exploit. No stolen keys. An attacker bought enough BONK to pass a governance proposal, voted “yes” to send the DAO’s $20 million treasury to their own wallet, and the code did exactly what it was told. The only opposition was six people holding $3,762 between them. Every few months crypto invents a … Read more