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.
1/ Inferno Drainer, a scam vendor specializing in multi-chain scams, has stolen $5.9 million in assets from nearly 4,888 victims through over 689 phishing websites targeting popular projects.
— Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) May 19, 2023
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
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.
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