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I assumed a $9M hack meant a lot of people lost money. So I rebuilt Bonzo Lend's entire depositor set on-chain. 125,825 pool calls. 52,441 deposits. 2,423 accounts. Every balance read 39 seconds before the attack. One wallet held 92.19% of the USDC pool. The next largest: 1.43%. Two thirds of the $9.05M sits with a single account — one paid a full year of yield to carry exactly the risk that materialised. Then I traced its funding. Every HBAR it holds came from one pass-through account that keeps a balance of 2 HBAR. That same account sent 250,000,000 HBAR to 0.0.800 — the keyless pool that pays staking rewards to every HBAR staker on the network. External parties don't fund Hedera's staking rewards. Full trace, transaction IDs, and exactly where the evidence stops 👇