The notorious hacker group Pink Drainer suffered from a crypto scam. As a result of sending funds to a fake address, it lost 10 ETH (about $30,200 at the time of writing).
Scamming the scammer 🤣
It seems like an address associated with the Pink Drainer fell victim to the address poisoning scam.
Pink Drainer: 0x8980ab6d185af9bcc10292d4e91ae4c0b4f14213
Real: 0xEfF0E5244d5C78Ba4DD6bc01082576280558f58A
Fake:… pic.twitter.com/1CCWTufeZv— MistTrack🕵️ (@MistTrack_io) July 7, 2024
The security incident, which was targeted by hackers, was brought to the attention of MistTrack platform specialists. According to them, at the end of June 2024, Pink Drainer was subjected to the so-called “poisoning attack” APA (Address Poisoning Attack) and mistakenly transferred funds to someone else’s wallet, mistaking it for its own.
Cybercriminals count on potential victims to copy the attacker’s data instead of the original address, experts say. That’s what happened with Pink Drainer, analysts said.
It should be noted that in May 2024, the hacker group announced that it was winding down its activities. Representatives of the organization explained that they had achieved their previously set goal of stealing more than $75 million in cryptocurrency.
However, Dune Analytics has other information. According to available data, hackers stole more than $85 million, and 21,131 people became victims of the attackers.
Cybersecurity experts believe that Pink Drainer was involved in a $5 million attack on creditors of FTX and BlockFi. The hackers are also said to have stolen $4.4 million from one LINK token holder.
Stay up to date! Subscribe to World Stock Market on Telegram.
Source: Cryptocurrency
I am an experienced journalist and writer with a career in the news industry. My focus is on covering Top News stories for World Stock Market, where I provide comprehensive analysis and commentary on markets around the world. I have expertise in writing both long-form articles and shorter pieces that deliver timely, relevant updates to readers.
