BONKDAO Loses $20M to "Democratic" Vote, Locals Still Wondering What a DAO Is.
Some genius crypto types lost $20 million from their "decentralized autonomous organization" treasury because someone bought enough tokens to rig a vote. Apparently, only seven people bothered to cast a ballot, which frankly, sounds like most elections down here. Meanwhile, the surf's still pumping, and nobody's complaining about the price of their "governance tokens" while watching the pelicans dive.