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Hack history / 2022 / Rug pull

Pragma Money

Rug pull on May 6, 2022 · Rug Pull

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$1.5M
dollars at the time
Returned
none listed
as the sources state it
Rank
#801
among thefts by dollars lost

What happened

DeFi project Pragma Money on Fantom has announced that around $1.5 million in FTM has been drained from their treasury and project wallets. Appears to be done by a team member.

Details

Date
May 6, 2022
Kind
Rug pull
Method
Rug Pull
How in
Insiders: rug pulls, frauds, collapses
Target
not stated
Chains
Fantom

Reported by

Related incidents

Cite this pageSwanBluechip, "Pragma Money rug pull, May 6, 2022: $1.5M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht888184e970/ (data as of 2026-10-31).
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