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How An Attacker Stole $20M From BonkDAO Using Its Own Rules CoinDesk Daily artwork
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How An Attacker Stole $20M From BonkDAO Using Its Own Rules CoinDesk Daily

Late Confirmation by CoinDesk by CoinDesk

Jul 7, 20261:44Business

Inside BONK's $20M attack. An attacker spent $4.4 million buying BONK tokens, passed a malicious governance proposal with just 7 wallets voting, and walked away with $20 million from the treasury — without hacking anythi...

About This Episode

How An Attacker Stole $20M From BonkDAO Using Its Own Rules CoinDesk Daily is an episode from Late Confirmation by CoinDesk by CoinDesk. Inside BONK's $20M attack. An attacker spent $4.4 million buying BONK tokens, passed a malicious govern...

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This episode belongs to Late Confirmation by CoinDesk.

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Episode Details

Published Jul 7, 2026, 1:44 long, audio available.