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Specter Investigates BONK DAO Governance Attack: Realms Founder and Suspect Attacker's Fund Flow Possibly Linked

2026-07-11 14:26

Odaily reported that according to Specter's monitoring, a preliminary investigation into the BONK DAO governance attack revealed that both the Realms founder and Crypto Notte have on-chain fund exposure linked to addresses associated with the suspected attacker. On June 30, 2026, the attacker created a malicious governance proposal through a specific address. This proposal required voting power equivalent to 1% of BONK's circulating supply to be passed. 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 scale reaching approximately $4 million.