Wu says it has learned that on-chain analyst Specter posted that, after conducting a preliminary investigation into the malicious governance proposal attack on BonkDAO (about 20 million USD worth of BONK was stolen), the attacker was allegedly found to have created the malicious proposal on June 30 and, between July 4 and July 5, obtained about 4 million USD in voting power through an exchange and Marginfi lending, in order to meet the 1% voting threshold of the circulating BONK supply. Specter said that on July 6, the attacker used two wallets to cast “yes” votes, with the main address holding about 8822 billion BONK, accounting for about 99.87% of the voting power; the two voting addresses were later found to be on-chain linked via the same exchange deposit address. Specter further stated that the relevant historical addresses had on-chain interactions with the public wallet of @crypto_notte and a DAO test proposal initiated by RealmsDAO founder DeanMachine.