Justin Wu|Jul 07, 2026 09:52
Someone just turned $4M into $20M
Without hacking a single line of code
You know what happened
→ They bought enough BONK to gain voting power
→ Submitted a proposal to send the DAO treasury to their own wallet
→ Waited 7 days while nobody noticed
→ Voted YES at the very last minute
The proposal passed
The treasury executed the transfer automatically
$20M was gone
This wasn’t a smart contract exploit
It wasn’t a private key compromise
The attacker simply followed the rules of the system
Sometimes the biggest vulnerability isn’t the code.....It’s the governance(Justin Wu)
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