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Bonk DAO Suffers $20 Million Governance Exploit, Pressuring Solana Meme Coins

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High 9/10BONK Solana (SOL)

Bonk DAO Suffers $20 Million Governance Exploit, Pressuring Solana Meme Coins

The Bonk DAO treasury has reportedly been drained of approximately $20 million in BONK tokens following a malicious governance attack. This significant capital outflow raises immediate concerns about the security of decentralized autonomous organizations and the broader Solana ecosystem.

July 6, 2026Published 1 hour ago