The DeFi Investor 🔎|Jul 07, 2026 12:00
Craziest thing I've seen in a while:
• Someone buys $4M worth of BONK
• Then posts a DAO proposal asking to transfer $20M in BONK to themselves
• Waits 7 days without anyone noticing
• Then votes "yes" with their own BONK holdings, and the proposal passes
• $20M is transferred to them
And now the Bonk team has suddenly realized they lost $20M.
This wasn't even a hack.
The proposal passed because no BONK holders checked the governance forum.
Insane to see the current state of DAOs.(The DeFi Investor 🔎)
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