โ ๏ธ BonkDAO Drained $20M After Attacker Spent $4.4M to Hijack a DAO Vote
An attacker bought just 1% of BONK supply (~$4.4M) to hit quorum, then passed a malicious governance proposal that automatically transferred $20 million from the BonkDAO treasury to their own wallet โ with only 7 wallets voting. BONK dropped over 10% on the news, and Kraken and Upbit both paused trading. A brutal lesson: low-turnout DAO governance is a sitting target for vote-buying. Not financial advice. Does your favorite DAO have safeguards against this kind of attack?
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