BonkDAO suffers governance attack and loses $20 million in BONK, Upbit suspends deposits and withdrawals

On July 7th, BonkDAO was attacked by malicious governance proposals. The attacker transferred approximately $20 million worth of BONK tokens from the national treasury, causing the BONK price to drop by more than 9%. Upbit suspended BONK deposit and withdrawal services, and BonkDAO has notified law enforcement agencies and attempted to recover the funds.