#governance attack

BONK Faces $20M Drain as Attacker Spends $4M to Pass Malicious Proposal

BONK treasury loses $20M in governance attack as attacker spends $4M tokens to pass malicious proposal, raising alarm over memecoin governance vulnerabilities.

BonkDAO Reports $20M Theft via Malicious Governance Proposal, Law Enforcement Notified

BonkDAO faces a $20M theft exploit through a governance attack, prompting law enforcement involvement and efforts to recover funds, shaking confidence in…