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

Wintermute secures approval to overhaul Ethena’s revenue sharing model

The Ethena Foundation announced on Nov 15 that the risk committee approved Wintermute’s proposal to overhaul revenue sharing for the Ethena protocol The changes, aimed at benefiting staked ENA

Major Hindrances To Dogecoin Price Hitting $1 According To This Crypto Analyst

A crypto analyst, identified as ‘Trading Jesus’ on X (formerly Twitter), unveiled the roadmap for the Dogecoin price to reach $1 By highlighting Dogecoin’s resistance and support levels, the

Solidion Technology Allocates 60% of Its Cash to Buying Bitcoin

Solidion Technology follows other institutional investors such as Microstrategy by purchasing bitcoin with a plan for future acquisitions Strategic Bitcoin Allocation for Solidion Treasury Solidion

Altcoins offer opportunities for gains amid challenging trading landscape — K33

According to a recent post by K33 Research, altcoins still offer investors windows of ‘easy gains,’ but trading is becoming more challenging as more tokens appear daily Moderate capital inflows

Below Summit Levels: Altcoins Dream of Peaks as Bitcoin Stays Close to Glory

At 3:40 pm EDT on Friday, bitcoin (BTC) was priced at $91,046, reflecting a 24% dip from its all-time high (ATH) Here’s a breakdown of the remaining top ten cryptocurrencies and their current

Dogecoin Explodes 112% – Is $1 The New Target After This Historic Rally?

Dogecoin (DOGE) has become one of the most popular cryptocurrencies after a 112% growth in the past week DOGE leads another meme currency craze with this move, proving it can still steal the show and