According to Foresight News, blockchain security company Match Systems released a report on July 16 stating that the phishing application Angel Drainer has been shut down after the developer's identity was potentially exposed. The Angel Drainer app allowed scammers to trick users into authorizing tokens, making it easy to steal cryptocurrencies. Previously, Blockaid reported that phishing scammers using Angel Drainer had stolen over $25 million from 35,000 users.