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Bonk Memecoin Hit by $20M Heist | Bitcoin and Crypto News

Bonk Memecoin Hit by $20M Heist | Bitcoin and Crypto News

Published 1 week ago
Description

Bonk memecoin suffered a major heist as an unknown attacker exploited a shady governance move to drain $20 million from its treasury—prompting the team to enlist law enforcement in a high-stakes crypto recovery effort, echoing past incidents like DxSale’s $7M loss and underscoring the persistent security risks in the memecoin world.

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