BonkDAO’s treasury raided for $20M due to lack of governance interest
The malicious proposal shows how token-weighted votes can become a treasury access path when DAO review controls are too thin.
Read DAO news covering governance proposals, treasury management, community voting, incentive design, and decentralized coordination.
The dispute could decide whether DeFi recovery funds go back to users first or become targets for outside creditors.
After $1B processed and a near ICO, Tally walked away because demand for governance tooling still wouldn’t pay.
Aave cites emerging regulatory clarity as SEC crypto actions reportedly fell in 2025, and DeFi fee switches are reappearing fast.
Veterans want to stake 69,420 ETH from leftover 2016 recovery funds, generating millions yearly for smart contract security.
Aave's governance dispute tests the boundaries of decentralized power in high-stakes DeFi operations.
The Samuels decision forces DAOs to adopt this specific legal wrapper or face unlimited general partnership obligations.