Ceasing Activities: Inferno Drainer Concludes ‘Operations’ Following $71 Million Theft

Ceasing Activities: Inferno Drainer Concludes 'Operations' Following $71 Million Theft


Inferno Drainer Shuts Down

Inferno Drainer, a notorious wallet-draining service, has announced its immediate cessation of operations.

Millions Stolen While Active

The Inferno drainer gained attention earlier this year as it targeted unsuspecting individuals and siphoned funds from their wallets, resulting in losses of nearly $6 million. The drainer’s method involved cloning websites and using phishing software to drain wallets, with collaborators receiving 80% of the stolen funds.

However, the total amount stolen by Inferno drainer is believed to be over $71 million according to blockchain explorers. The admin of the drainer claims that the actual figure exceeds $80 million. In just six months, the team behind the wallet-draining service amassed approximately $16 million in illicit profits.

Goodbye Post Resembles Scammed Projects

Prior to facing further scrutiny and potential consequences, the hackers behind Inferno drainer announced the permanent closure of their service on Telegram.

Hot Take: Inferno Drainer Exits the Scene

Read Disclaimer
This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. Lolacoin.org does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.

Inferno Drainer, a notorious wallet-draining service responsible for stealing millions of dollars from unsuspecting victims, has suddenly ceased its operations. The drainer employed phishing techniques and cloned websites to drain wallets and shared the stolen funds with collaborators. Although initially reported to have caused losses of nearly $6 million, blockchain explorers now attribute over $71 million in stolen funds to Inferno drainer. Despite this, the admin claims that the total amount stolen exceeds $80 million. With their sudden exit, the hackers behind Inferno drainer hope to avoid further consequences. However, their actions have left a lasting impact on the crypto community.

Ceasing Activities: Inferno Drainer Concludes 'Operations' Following $71 Million Theft
Author – Contributor at Lolacoin.org | Website

Owen Patter is a distinguished crypto analyst, accomplished researcher, and skilled editor, leaving a notable imprint on the cryptocurrency landscape. As a proficient crypto analyst and researcher, Owen delves into the intricate realms of digital assets, offering insights that resonate with a diverse audience. His analytical acuity is harmoniously paired with adept editorial skills, allowing him to transform complex crypto information into easily comprehensible content. Owen’s contributions serve as a valuable guide for both seasoned enthusiasts and newcomers, aiding them in navigating the dynamic world of cryptocurrencies with well-researched perspectives. With a meticulous commitment to precision, he empowers informed decision-making in the ever-evolving crypto domain.