
β Crypto Curious15 Jul Β· 18 min
240 - The Bitcoin Custody War
This week, we're looking at three stories that all ask the same question: who really controls the money?
ππΌ First, a crypto attacker walked away with $20 million from BonkDAO without hacking a single line of code. He simply bought enough voting power to pass a proposal that transferred the treasury to himself.
ππΌ Then we head to Washington, where America's Strategic Bitcoin Reserve has stalled because two government departments are fighting over who gets to hold roughly $21 billion worth of Bitcoin.
ππΌ And finally, Interpol has uncovered a $122 million romance-scam laundering network linked to a 20-year-old crypto wallet, highlighting how blockchain investigators are becoming increasingly effective at tracing money across multiple chains.
Let's get into it π
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TIMESTAMPS
2:01 Bonk DAO's treasury gets hacked for $20m via vote stacking
6:10 The March 2025 big promise locked in a turf war
8:32 Interpol wraps Operation First Light 2026 - what even is it?
11:13 Short, sharp news bites
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