Specter Investigates BONK DAO Governance Attack: Realms Founder's Fund Flow Possibly Linked to Attacker
2026-07-11 14:26
Odaily reports, according to Specter's monitoring, a preliminary investigation into the BONK DAO governance attack revealed that both the Realms founder and Crypto Notte had on-chain fund exposure to addresses suspected to be associated with the attacker. On June 30, 2026, the attacker created a malicious governance proposal through a certain address. This proposal required voting power equivalent to 1% of BONK's circulating supply to pass. Subsequently, between July 4 and July 5, the attacker obtained the required voting power through purchases on exchanges and borrowing on marginfi, with the borrowing amount totaling approximately $4 million.
