CoinFeed
BonkDAO Suffers Malicious Governance Proposal Attack, $20 Million in BONK Tokens Stolen - CoinFeed
Time 00:11

BonkDAO Suffers Malicious Governance Proposal Attack, $20 Million in BONK Tokens Stolen

July 7, 2026
CoinFeed News

CoinFeed July 7 news, BonkDAO disclosed on X platform that it suffered a malicious governance proposal attack, with approximately $20 million worth of BONK tokens stolen from the BonkDAO treasury. BonkDAO stated that during the investigation, it identified the exchange wallet used by the attacker to purchase BONK before the proposal was launched, and is currently collaborating with exchanges, cross-chain bridges, and the Solana Foundation. Additionally, the team has notified law enforcement and continues to work with relevant parties to recover funds and track down the perpetrator.

Back to News Feed