BonkDAO

Onchain analyst Specter alleged onchain exposure between attacker-linked addresses from the BONK DAO governance attack and wallets connected to the founder of Realms and crypto_notte, adding a new attribution layer to the Solana treasury-drain investigation. The claim does not prove that either person carried out the attack. It points to wallet-level exposure, which can include direct transfers, shared counterparties, funding links or other onchain interactions. Specter framed the finding as part of a quick investigation into the governance attack, not…

BonkDAO was hit by a malicious governance proposal that drained an estimated $20 million worth of BONK from its treasury, pushing another Solana-linked security incident into the center of the memecoin market. The attack used BonkDAO’s governance process rather than a direct smart-contract exploit, giving the attacker a route into treasury assets through an approved proposal. BonkDAO said it is working with exchanges, bridges, the Solana Foundation and law enforcement as stolen funds move through the market. The project identified…