Investor Loses $6.9 Million in Inferno Drainer Phishing Scam

Sunday, 26 May 2024, 17:10

A cryptocurrency investor recently lost $6.9 million to a phishing attack orchestrated by Inferno Drainer. The scam involved a sophisticated permit phishing signature that led to the theft of 1,807 Ether.fi-Liquid1 tokens. The connection between the attack and notorious draining-as-a-service providers Pink and Inferno Drainer highlights the ongoing threat of phishing scams in the crypto space.
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Investor Loses $6.9 Million in Inferno Drainer Phishing Scam

Investor Loses $6.9 Million in Inferno Drainer Phishing Scam

A crypto investor fell victim to a phishing scam resulting in the loss of $6.9 million worth of tokens. The theft was linked to Pink and Inferno Drainer, DAAS providers known for facilitating phishing exploits.

Pink and Inferno Drainer Linked to Attack

The scam utilized a permit function for off-chain authorization, enabling the unauthorized transfer of tokens and subsequent theft. The stolen funds were traced to wallets belonging to the scammer and a drainer.

Analysis: The incident underscores the persistent threat of phishing attacks in the crypto sector, with scammers leveraging sophisticated tactics to deceive investors.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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