Pink Drainer developers, the notorious service that stole over 75 million dollars in assets from users, decided to shut down.
“We have reached our goal and now, according to plan, it’s time for us to retire,” The devs made a claim in Telegram announcementThe first report was made by ZachXBT.
Developers added. “After this message’s publication, we will begin winding down all of our infrastructure. All stored information will be wiped and securely destroyed.”
Pink Drainer is a software kit that cybercriminals employ to steal cryptocurrency assets by exploiting technological flaws that rely primarily on social engineering techniques and phishing URLs. Scams like these use malicious phishing pages to fool users into signing transactions, which deplete wallets with cryptocurrencies and non-fiat currencies.
Pink Drainer was part of a larger network of phishing-as-a-service platforms, which also included Monkey Drainer The following are some examples of how to get started: Inferno Drainer. These services are developed by companies that charge a fee and take a portion of stolen assets to pay for their work.
Pink Drainer was linked to the theft in last year of over $21,000 in cryptocurrency from 21,000 victims. according ScamSniffer.
Pink Drainer hackers are thought to be responsible for a number of high-profile attacks across multiple platforms. The incidents we are talking about relate to Evomos and Pika Protocol projects, as well as Orbiter Finance. The group was also implicated in a fraud in which attackers posed as crypto journalists.
In total, hackers stole $2 billion In 2023, there will be a doubling of the amount of cryptocurrencies. In 2018, the hacking of the compromised cryptocurrency wallet was among the most significant thefts. Euler Finance platform. The hackers were able to steal almost $200,000,000 during this incident. There were also attacks on BonqDAO, the Poloniex The crypto exchange Atomic Wallet Each crypto wallet caused damage of more than $100,000,000.
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Source: crypto.news
