Scam: $4.4 million worth of this currency was stolen.

_The owner of #Chainlink’s (LINK) tokens lost assets worth $4.4 million due to a hacker attack by a group known as #Pink.Drainer . According to information available from Scam Sniffer. The attackers tricked the user into signing a transaction related to the BoostAllowance functionality. Immediately after that, the victim lost 275,700 #LINK through two transfers. #The.BoostAllowance function allows you to limit the number of tokens that the user allows another wallet to transfer from his address. After that, 68,925 tokens were transferred to a cryptocurrency wallet. Which Etherscan calls “PinkDrainer: Wallet 2”. The remaining 206,775 LINK coins were sent to another address. Scam Sniffer representatives confirmed that the theft of assets is linked to the activities of the Pink Drainer group. However, experts were unable to determine exactly how the attackers forced the user to agree to the transfer of tokens. Cryptocurrency investigator ZachXBT noted that the stolen funds were transferred to Ethereum and passed through the eXch service. “The stolen funds were sold for ETH and are currently being laundered through eXch.” ZachXBT, a crypto whistleblower believes that the Pink Drainer hackers are responsible for several high-profile attacks on various platforms. We discuss incidents related to the Evomos, Pika Protocol and Orbiter Finance projects. The group was also involved in a scam in which attackers posed as cryptocurrency journalists. In 2023, Pink Drainer hackers stole $18.7 million from 9,068 users, according to Dune Analytics. Pink Drainer hackers stole $4.4 million from Link In total, hackers stole $2 billion worth of cryptocurrencies in 2023.
One of the biggest cryptocurrency thefts this year was the Euler Finance protocol hack. During the attack, hackers stole nearly $200 million. There have also been attacks on BonqDAO, and the cryptocurrency trading platform Poloniex. and the Atomic Wallet cryptocurrency wallet.

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🚨🚨🚨 SCAMMER GOT SCAMMED! 🚨🚨🚨

In a shocking turn of events, the notorious scammers behind 'Pink Drainer' have fallen victim to their own tactics! According to crypto compliance platform MisTrack, the group lost a whopping $30,000 worth of Ethereum to an 'address poisoning' scam. It's poetic justice, considering they've stolen a staggering $85.3 million from over 21,000 victims.The scam works by targeting frequent address pairs and 'poisoning' one of them with a small amount of crypto from a similar-looking address.

The victim then unwittingly transfers funds to the scammer's address. It's a tactic Pink Drainer was infamous for using against others.As one Twitter user put it, 'Scamming the scammer.

Can't say we feel bad for them tho.' This latest development comes just two months after Pink Drainer announced its retirement, claiming to have reached their goal and wiping all stored information.

It's a wild twist in the world of crypto scams, and a reminder that even the most notorious scammers can fall victim to their own tricks.

#scamriskwarning #Pink.Drainer #Alert🔴 #Write2Earn!