Inferno Drainer resumes operations, claims $250 million stolen from crypto users

Share This Post

Inferno Drainer, a notorious crypto wallet-draining kit provider, has resumed operations after abruptly shutting down last November, according to a May 20 screenshot shared by crypto security expert Plumferno.

Web3 anti-scam firm Scam Sniffer also verified this information, noting a recent surge in phishing sites using Inferno Drainer’s services.

Last November, the “scam-as-a-service” provider ceased operations after reportedly draining over $80 million from approximately 5,000 victims through 689 phishing websites.

Over $250 million drained

In its statement, Inferno Drainer claimed it drained over $125 million in crypto assets during six months of private operations. According to the scam group, this brings the total haul stolen with its kit to over $250 million.

The scam provider further revealed it has enhanced its services, boasting support for 28 blockchain networks and multiple protocols, including lending, staking, and yield farming.

Additionally, the service cited increased demand and the exit of competitors like Pink Drainer as reasons for resuming public operations. Pink Drainer, which shut down last week, had stolen over $85 million from more than 21,000 victims. It stated:

We made this decision after other major competitors shut down and due to people attempting to resell the drainer, as we don’t want people to get backdoored / scammed / miss hits because of other incompetent drainers.”

Meanwhile, the resurgence of Inferno Drainer reflects the persistent threat of phishing scams in the crypto world. According to available data, such scams have resulted in losses exceeding $100 million since the start of the year.

Scam Sniffer reports that phishing scammers often use fake accounts on social media platform X (formerly Twitter) to impersonate legitimate projects. These accounts sometimes display fake verification marks and post deceptive comments to lure unsuspecting users to malicious websites where their digital assets are stolen.

The post Inferno Drainer resumes operations, claims $250 million stolen from crypto users appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Ripple News: Citadel and Top Investors Take Protected Positions in $500M Deal

The post Ripple News: Citadel and Top Investors Take Protected Positions in $500M Deal appeared first on Coinpedia Fintech News Ripple’s recent $500 million share sale has quickly become one of the

UAE’s Security General Hails BTC as a ‘Key Pillar in Future Finance’ at Bitcoin MENA Conference

Bitcoin Magazine UAE’s Security General Hails BTC as a ‘Key Pillar in Future Finance’ at Bitcoin MENA Conference At the Bitcoin MENA conference, UAE’s Mohammed Al Shamsi called the

Solana Welcomes Bearish December, But Pundit Shares Possible Move To $170

The last quarter of the year has always been quite bearish for the Solana price, marking the highest losses for the altcoin since it was launched back in 2020 Naturally, this has made Q4 a dreaded

If immortal AIs start saving in Bitcoin forever, what happens to a money built for mortal humans?

The machine that never ages Picture a wallet that never ages No heirs, no estate, no retirement date, a machine adding sats, rolling UTXOs, and bidding the minimum fee for centuries By 2125, its

Here’s How High The Dogecoin Price Will Go Once The MACD Bullish Cross Happens

The Dogecoin price has been drifting through a subdued stretch over the past few days, holding around the mid-$013 to $014 The recent decline has slowed down in the past 48 hours, and the chart now

SEC Ends Biden Era Probe: Ondo Cleared for Rapid Tokenization Growth

Ondo Finance says a closed SEC probe clears a more confident path for tokenized assets, signaling a pivotal moment for onchain market growth and expanding collaboration between regulators and the