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$BONK DAO TREASURY HIT BY $20M MALICIOUS GOVERNANCE ATTACK ๐ฅ
Body:
The BonkDAO treasury was exploited through a malicious governance proposal, draining roughly $20M in BONK tokens. The attacker funded the proposal via a CEX wallet, and BonkDAO is now working with exchanges, cross-chain bridges, and Solana Foundation to trace and recover funds.
The market reacted swiftly โ BONK dropped 8.7% in the past 24 hours. With law enforcement now involved and recovery efforts ongoing, price action will likely remain volatile until more details emerge.
Are you buying this dip or stepping aside until more clarity comes?
Not financial advice. Always manage your risk.
#BONK #DAOAttack #CryptoNews #SecurityBreach
๐ฅ
Body:
The BonkDAO treasury was exploited through a malicious governance proposal, draining roughly $20M in BONK tokens. The attacker funded the proposal via a CEX wallet, and BonkDAO is now working with exchanges, cross-chain bridges, and Solana Foundation to trace and recover funds.
The market reacted swiftly โ BONK dropped 8.7% in the past 24 hours. With law enforcement now involved and recovery efforts ongoing, price action will likely remain volatile until more details emerge.
Are you buying this dip or stepping aside until more clarity comes?
Not financial advice. Always manage your risk.
#BONK #DAOAttack #CryptoNews #SecurityBreach
๐ฅ
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