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Pragma Incident Analysis

ID: 4fbaaab5-3f62-5500-b155-887192ecbd1d

STIX ID: report--4fbaaab5-3f62-5500-b155-887192ecbd1d

Feed Name: CertiK Blog

Threat Score
65/100

Date Published: 2022-06-21

Date Updated: 2026-06-11

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### Executive summary On 05 May 2022, core members of the Pragma Money project allegedly executed an insider drain of approximately $1.5M from the protocol's Treasury and RFV multi-sig wallets, transferring funds through identified EOAs to a Binance hot wallet and reportedly converting proceeds to Monero; the report includes wallet addresses, implicated team member names, and follow-up investigation notes.

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