Inferno Drainer caused a crypto whale to lose $32 million. This scam operation has stolen more than $215 million in cryptocurrencies to date. It is essential to use anti-phishing software to protect yourself from these types of attacks.
According to blockchain security firm ScamSniffer, a crypto whale was hit with a scam service called Inferno Drainer that lost more than $32 million after a malicious transaction was made. Inferno Drainer targets users via fake versions of well-known DeFi apps, tricking victims into handing over wallet control to the scammers. According to ScamSniffer’s Dune Analytics, the Inferno Drainer operation stole more than $215 million in crypto from more than 200,000 victims. The operators keep 20% of the stolen crypto.
Anti-Fraud and Warnings
The scam service was relaunched with new features in May after being shut down by its developers in November 2023. Crypto data platform LookOnChain warned users to avoid clicking on unknown links and signatures they do not recognize:
"To avoid being phished, please do not click on unknown links and avoid signing signatures you do not recognize. Always double-check when checking signatures."
As scams become increasingly sophisticated, extra attention needs to be paid to the security of cryptocurrencies.
Ways to Protect Yourself from Malicious Attacks
To protect yourself from such attacks, it is important to use anti-phishing software and up-to-date antivirus programs, and to regularly update devices and software. Additionally, security can be increased by using browser add-ons and pop-up blockers. Two-factor authentication (2FA) should always be enabled, and clicking on files from unknown sources should be avoided. Phishing attempts made via social media should also be taken into consideration.
Inferno Drainer uses fake scripts of popular Web3 protocols to convince users to connect their wallets and confirm transactions. Scammers also promote their services via the Telegram channel. As a result, it is vital to act consciously for the safety of cryptocurrencies and take proactive measures against possible threats.
