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Attacker cleans out $1.6M from Token of Power (TOP) in Aragon DAO exploit
Jun 9, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan
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An attacker exploited a governance misconfiguration in the Token of Power (TOP) Aragon DAO on Ethereum, using majority voting power to mint tokens and drain about 944 WETH (≈$1.58M) from a Balancer V1 liquidity pool. Blockchain security firms flagged the incident as a DeFi governance and security failure, highlighting risks to DAO token models, liquidity pools and the broader crypto ecosystem and the need for immediate remediation and audits.
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An attacker has exploited a governance misconfiguration in the Token of Power (TOP) Aragon DAO. They reportedly used majority voting power to mint tokens and drain roughly 944 WETH, which is worth around $1.58 million, from a Balancer V1 liquidity pool on Ethereum. Various blockchain security firms flagged the incident, relying on the effective vector,...
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$ 1.78K
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$ 1.79K
+2.68%
$ 0.0000694
-0.10%
$ 0.028
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In This News
Coins
$ 1.78K
+2.60%$ 1.79K
+2.68%$ 0.0000694
-0.10%$ 0.028
+1.59%Predictions Markets
See what traders are focused on
Share: