Blockchain security service ScamSniffer has reported that $32 million worth of tokens went missing after a crypto whale signed off on a malicious transaction.

The loss came in the form of wrapped Ether tokens from decentralized finance (DeFi) protocol Spark. The 12,083 spWETH tokens that were withdrawn from the wallet are worth around $32.4 million in current value.

Over 200,000 people scammed According to blockchain intelligence firm Arkham, the malicious transaction was powered by the Inferno Drainer scam service.

Inferno Drainer, which attempts to trick users into taking control of their finances and targeting popular DeFi apps with fake usage, was spent by ScamSniffer on more than $215 million from more than 200,000 victims, according to a Dune Analytics dashboard.

Inferno’s operators reportedly take a 20 percent commission on the stolen tokens. The service was initially shut down by its developers in November 2023, but returned in May of this year. The scam claims to have 28 different blockchains and different DeFi applications.

The identity of the phisher, who was involved in the incident, has not yet been confirmed, according to crypto detective ZachXBT; however, blockchain detective #zachxbt has identified the budget as a whale named CZSamSun (not to be confused with user X @samczsun, a researcher at venture capital firm Paradigm). ZachXBT’s posts about the incident have everyone intrigued.

A blockchain message sent from the victim’s budget claimed to offer 20 percent points in exchange for the money, but there has been no response yet from the alleged scammer.

#Hacker #BTC #binance #ETH