A wallet drainer operating on The Open Network (TON) announced its closure and advised users to switch to a different crypto-draining service. On Oct. 7, anti-scam solution Scam Sniffer revealed a TON-based wallet drainer's shutdown message due to a lack of crypto whales in the community. The drainer encouraged users to drain Bitcoin (BTC) instead, claiming a similar experience. Additionally, a TON drainer attempted to deceive users with a fake 5,000 USDt (USDT) transaction, exploiting TON's comment feature to mask the scam. Scam Sniffer reported significant losses from phishing attacks in September, with one incident draining over $32 million in crypto. These attacks deceive crypto holders into connecting their wallets to fraudulent services, enabling the theft of funds without additional verification. The article also mentions the suspicious arrest of a crypto scam reporter and Japan's pro-crypto Prime Minister in Asia Express magazine. Read more AI-generated news on: https://app.chaingpt.org/news

#BTC