Bonk.fun Warns Users After Hacker Compromises Team Account and Adds Wallet Drainer

Bonk.fun Warns Users After Hacker Compromises Team Account and Adds Wallet Drainer

Bonk.fun said a compromised team account led to a domain hijack and wallet drainer attack, with the platform stating only users who accepted a fake terms-of-service prompt after the breach were affected.

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Fact Check
The event is documented by multiple crypto news outlets (BlockBeats, Odaily) and originates from an official warning by the project founder (Tom) on social media. The details regarding the date (March 12, 2026), the method (account hijacking), and the threat (wallet drainer) are consistent across sources.
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Summary

Bonk.fun, a Solana-based memecoin launch platform, said a team account compromise caused a domain hijack that exposed users to a wallet drainer attack. According to the platform, only users who signed a fake terms-of-service prompt after the incident were affected, while previously connected users and traders using external terminals were not impacted. Earlier reporting also cited at least one trader publicly claiming a $273,000 loss after connecting a wallet to the compromised site. Bonk.fun has not disclosed total losses.

Terms & Concepts
  • wallet drainer: A malicious tool or script that tricks users into approving transactions that let attackers transfer crypto assets from their wallets.
  • Solana: A blockchain network designed for fast, low-cost transactions and commonly used for tokens, DeFi applications, and memecoin activity.
  • wallet: A software or hardware tool that holds crypto keys and is used to sign and authorize blockchain transactions.