According to security platform ScamSniffer, Pink Drainer hackers gained access to 1,900 accounts and stole $3 million worth of crypto assets from the Arbitrum, BNB Chain, Mainnet, Polygon and Optimism networks.

ScamSniffer experts report that the Pink Drainer hacking group posed as crypto news journalists from popular media such as Cointelegraph or Decrypt to conduct fake interviews and then compromise victims’ accounts using social engineering tools.

Having gained trust and lulled the vigilance of the victim, the attackers informed her that, in accordance with the security policy of crypto publications, they must confirm their identity and pass a mandatory KYC check. To this end, the hackers redirected their potential victims to phishing websites.

After assigning themselves administrative rights to the victim’s account, hackers could freely steal digital assets, confidential information, and also place fake ads.

According to ScamSniffer analysts, it is Pink Drainer that is behind the recent hacks of the accounts of OpenAI CTO Mira Murati and American DJ Steve Aoki. In the first two weeks of June alone, at least 8 popular cryptocurrency Twitter accounts were hacked, and hackers received almost $1 million.