Nirvana Finance exploit on 2022-07-28 ($3.6M reported)

Exploit on Solana, 28 Jul 2022. Reported loss $3.6M. Last verified 4 Nov 2026.

notable
Reported loss
$3.6M
as reported by the sources
Recovered
-
nothing reported
Status
Unknown
updated 26 Oct 2026
Date
Solana

Summary

On 2022-07-28 Shakeeb Ahmed exploited a flaw in the smart contracts of the decentralized exchange Nirvana Finance and took about $3.6 million, nearly all of its funds, after which Nirvana shut down. Federal prosecutors in Manhattan later secured a sentence of three years in prison.

Protocol
Nirvana Finance
Type
Exploit
Reported loss
$3,600,000 source: irs.gov ↗
curated history · updated 2026-10-26 15:28 UTC

Facts and where they come from

Approved facts and their primary sources
FactValueSource
DateJuly 28, 2022irs.gov ↗
Amount (USD)$3.6 millionirs.gov ↗
Sentencethree years in prisonirs.gov ↗

Primary sources

Our own summary of facts published by the sources above. We do not attribute fault beyond them. Amounts are as the sources state them (no USD conversion by us); links and quoted figures last checked 2026-11-04.

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