BONK faces $20 million treasury drain after attacker spends $4 million to pass malicious proposal

admin July 7, 2026 Leave a Comment

The attacker bought enough of the memecoin’s tokens to pass a governance proposal that sent the group’s holdings to a wallet they controlled, then began selling.

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BONK faces $20 million treasury drain after attacker spends $4 million to pass malicious proposal

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