Shenchao TechFlow news, July 7 - According to official sources, BonkDAO stated that its DAO treasury was attacked due to a malicious governance proposal, resulting in the theft of approximately $20 million worth of BONK tokens. Investigation shows that the relevant address had purchased BONK through an exchange wallet before the proposal was submitted. BonkDAO is cooperating with exchanges, cross-chain bridges, and the Solana Foundation to handle the matter. Law enforcement has been notified, and efforts to recover funds and pursue accountability will continue.

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