shield Price Manipulation · $2M loss

NGP Hack: How $2M Was Lost in a Price Manipulation (2025)

On September 2025, NGP was exploited in a price manipulation, resulting in approximately $2M in losses. That makes the NGP exploit the 60th largest DeFi incident out of 690 documented in our archive.

Russian-Swedish administrator behind that long-running anonymizing system and charged him with laundering hundreds of millions of dollars worth of bitcoins, much of which was sent to or from dark web drug markets

Attack Mechanics: How the NGP Price Manipulation Played Out

Exploit Class Applied to NGP

The NGP incident on September 18, 2025 is classified as a Price Manipulation. The attacker drives the on-chain price of a token up or down within a single transaction to extract value from the protocol. In the full archive, NGP is 1 of 85 documented price manipulation incidents.

NGP in Context

At $2M, the NGP exploit is a significant ($1M–$10M) event compared to the largest same-class incident in our archive — CreamFinance (2021) at $130M.

Prior Price Manipulation Before NGP

The nearest price manipulation incident before NGP was d3xai, 33 days earlier on August 16, 2025. The same exploit class surfaced again within the price manipulation attack surface.

Impact & Recovery for NGP

NGP Loss Figure

The NGP exploit caused $2,000,000 in losses — a significant ($1M–$10M) incident and the 11th largest of 96 documented in 2025. This single incident represents 0.1% of all tracked losses that year.

Where NGP Sits Among Price Manipulation Attacks

Ranked by loss size, NGP is the 11th largest of 85 price manipulation incidents documented. That puts the NGP loss below the class average of $3.9M.

Timeline Since the NGP Incident

The NGP exploit occurred 7 months ago (208 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.

Primary Reference for NGP

Public post-mortem / on-chain analysis for the NGP incident: view source. Secondary narrative coverage: Feds Arrest an Alleged $336M Bitcoin-Laundering Kingpin.

FAQ

How much did NGP lose?

The NGP exploit in September 2025 resulted in $2,000,000 in losses — the 11th largest of 96 DeFi incidents that year.

When did the NGP hack happen?

The NGP exploit was recorded on September 18, 2025 — 208 days ago.

What type of exploit hit NGP?

The NGP incident is classified as a Price Manipulation. The attacker drives the on-chain price of a token up or down within a single transaction to extract value from the protocol.

How common is the Price Manipulation pattern seen at NGP?

Our archive contains 85 documented price manipulation incidents. The NGP incident is one of them.

How does NGP compare to the largest Price Manipulation attack?

The largest price manipulation incident in our archive is CreamFinance (2021) at $130M. The NGP loss is $2M.

What are some of the new developments brought by digitalization according to the study?

New features for existing products, cryptocurrency accounts, and fintech companies complementing traditional banks.

How does the proposed method ensure the robustness of time series classification models?

By effectively generating adversarial examples and defending against such attacks without degrading performance.