Hack history / 2022 / Hack or exploit
Flare
Hack or exploit on Nov 14, 2022 · Rug Pull
SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$18.5M
sources: $17M to $18.5M
Returned
none listed
as the sources state it
Rank
#219
among thefts by dollars lost
What happened
The price of the Flare project has dropped by more than 95%, which is suspected to be a Rug Pull scam project. Flare token deployers and associated addresses received approximately 4 billion Flare tokens. The scam has so far made around $18.5 million.
Details
- Date
- Nov 14, 2022
- Kind
- Hack or exploit
- Method
- Rug Pull
- How in
- Insiders: rug pulls, frauds, collapses
- Target
- not stated
- Chains
- BNB Chain
Reported by
Related incidents
Two arrested after Flare Network staking site scammed users out of 3.4 million XRP (~$8.5 million) 2026 · Later news (arrest, ruling) · $8.5M
mgnr 2022 · Rug pull · $52M
DeFiAI 2022 · Rug pull · $40M
AFKSystem 2022 · Rug pull · $12M
SolFire Finance 2022 · Rug pull · $10M
mgnr 2022 · Rug pull · $52M
DeFiAI 2022 · Rug pull · $40M
AFKSystem 2022 · Rug pull · $12M
SolFire Finance 2022 · Rug pull · $10M
Cite this page
SwanBluechip, "Flare hack, Nov 14, 2022: $18.5M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht3998b7f0bf/ (data as of 2026-10-31).