VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
Root cause
Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.
Forensic narrative
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. Attack method (per SlowMist): Rug Pull. Reported loss: $ 1,500,000.
Primary source
https://web3isgoinggreat.com/?id=pragma-defi-protocol-developers-rug-pull-for-15-million ↗Sourced from
slowmist
Technical record
- chain
- —
- protocol
- Pragma Money
- bug_class
- rug
- date_occurred
- 2022-05-06
- loss_usd
- $1,500,000
- source_id
- sm:pragma-money::2022-05-06
Related — same bug class· rug