Crypto Whale Lost Millions in Mind-Blowing Attack!

Blockchain security service ScamSniffer says a crypto whale lost $32 million worth of tokens after signing a malicious transaction.

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

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 wallets and attack them with fake versions of popular DeFi apps, has stolen more than $215 million from over 200,000 victims, according to a Dune Analytics dashboard created by ScamSniffer.

Inferno 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 support 28 different blockchains and hundreds of different DeFi applications.

The scammer’s identity has yet to be verified, but blockchain sleuth ZachXBT has spotted transactions linking the wallet to 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 wallet claims to offer a 20 percent reward in exchange for the money back, but the alleged scammer has yet to respond. #KIP#KIPprotocol#CryptoDeNostradame#MOGUL #MogulProdustions #TopCoinsSeptember #BinanceTournament"