Lookonchain (@lookonchain): Someone spent $4.4M to steal $21.2M from the #BONK treasury, making a profit of $16.8M.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- BONK-90Negative
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). https://v2.realms.today/dao/84pGFuy1Y27ApK67ApethaPvexeDWA66zNV8gm38TVeQ/proposal/6wR1jdhhJ31bbdRNXva8MxqsgsNLKTxargcdAyZ7FcRj/votes ➡️ 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. https://arkm.com/explorer/address/CyEE7oHVDaFJ5xZLbXY3h2Z2uk1VwhTkdy72kPUEtypQ ➡️ He then voted "Yes" with all 882.285B $BONK. ➡️ The proposal passed, and 4.426T $BONK($21.2M) was automatically transferred to his wallet. https://arkm.com/explorer/address/9bxWkNf3BtJ6iehq9KbX9uCWMjem4TFiPZ19T2sYJHvQ ➡️ So far, 40B $BONK($188K) has been deposited to #OKX, while the remaining 4.386T $BONK($19.3M) is held in wallet EXaJnm...eh42.