Lookonchain (@lookonchain): Someone spent $4.4M to steal $21.2M from the #BONK treasury, making a profit of $16.8M.

Someone spent $4.4M to steal $21.2M from the #BONK treasury, making a profit of $16.8M. How did it happen?👇 ➡️ On June 30, the attacker submitted a governance proposal to transfer 4.426T $BONK($21.2M) from the treasury to a wallet he controlled (9bxW...JHvQ). ➡️ Over the past 2 days, he bought 882.285B $BONK($4.4M) on #Bybit and #Binance, enough to exceed the 879.95B $BONK quorum required for the proposal. ➡️ He then voted "Yes" with all 882.285B $BONK. ➡️ The proposal passed, and 4.426T $BONK($21.2M) was automatically transferred to his wallet. ➡️ So far, 40B $BONK($188K) has been deposited to #OKX, while the remaining 4.386T $BONK($19.3M) is held in wallet EXaJnm...eh42.