#treasuryattack
treasuryattack
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$BONK DAO LOSES $20M IN TREASURY EXPLOIT – SELLING PRESSURE MOUNTS 🔥
Attackers used a malicious governance proposal to drain the DAO's treasury, with stolen tokens already moving to exchanges. This $20 million theft introduces immediate sell-side risk and chaotic order flow.
The team is coordinating with exchange security and law enforcement, but until funds are frozen, expect heightened volatility and potential liquidity sweeps. Are you reducing exposure or waiting for confirmation?
Not financial advice. Always manage your risk.
#BONK #Exploit #TreasuryAttack #Solana #Crypto
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Attackers used a malicious governance proposal to drain the DAO's treasury, with stolen tokens already moving to exchanges. This $20 million theft introduces immediate sell-side risk and chaotic order flow.
The team is coordinating with exchange security and law enforcement, but until funds are frozen, expect heightened volatility and potential liquidity sweeps. Are you reducing exposure or waiting for confirmation?
Not financial advice. Always manage your risk.
#BONK #Exploit #TreasuryAttack #Solana #Crypto
⚡
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