Specter Reveals Funding Links Between Realms Founder and BONK DAO Attack on July 4-5

BONK-8.57%
According to Specter, a blockchain security firm, the on-chain investigation into the BONK DAO governance attack on June 30-July 5 revealed funding traces between addresses linked to Realms founder Crypto Notte and the suspected attacker's wallet. The attacker posted a malicious governance proposal on June 30, with a voting threshold of 1% of BONK's circulating supply. From July 4-5, the attacker acquired approximately $4 million in voting power through exchange purchases and Marginfi borrowing, enabling the proposal to pass and execute the governance attack.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments