๐ฃ๐Big news for BTC enthusiasts! Crypto privacy protocol Railgun has successfully thwarted Inferno Drainer's latest attempt to launder stolen funds, forcing the return of 174 ETH (worth around $533,000) to the original wallet. ๐๐ฐ
Inferno Drainer, a notorious crypto scammer, had been operating under a scam-as-a-service mode, deceiving victims with sophisticated phishing websites. After a hiatus, the group resumed its activities in May, citing "increased demand" and the exit of competitors. Despite its inactivity, it claimed to have drained more than $125 million in crypto assets in "private operations." ๐ฑ๐
Railgun, however, has faced scrutiny. It's been labeled as an alternative to Tornado Cash, a service widely used by scammers to launder stolen funds. Crypto reporter Colin Wu claimed that Railgun was being used by the notorious Lazarus Group, accused of laundering over $60 million worth of ETH stolen during the 2022 Harmony Bridge heist. ๐ต๏ธโโ๏ธ๐
But Railgun refutes these accusations, stating that its 'Private Proofs of Innocence' feature prevents access by North Korea and other United States-sanctioned entities. This recent success against Inferno Drainer further bolsters its claims. ๐ก๏ธ๐ฏ
Stay tuned for more updates in the exciting world of BTC! ๐๐ซ