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  1. Aug 29, 2024 · Crypto drainers are phishing tools designed specifically for crypto. These applications allow phishing scammers to access wallets by tricking users into signing token approvals. Ultimately,...

  2. Nov 26, 2023 · Inferno Drainer, one of the most popular crypto wallet-draining kits for hire, says it is shutting down for good after helping phishing scammers steal nearly $70 million worth of crypto this...

  3. May 21, 2023 · In just a few weeks, phishing scam Inferno Drainer has made off with nearly $6 million in various cryptocurrences and NFTs. The scammer reportedly charges 20% to 30% of the stolen assets in exchange for deploying their malicious software.

  4. Crypto drainers, such as Inferno Drainer, are designed to trick users into granting token approvals, allowing malicious actors to access and steal funds from wallets. The Inferno Drainer has previously facilitated the theft of $70 million before claiming to have shut down in 2023.

  5. May 19, 2023 · Inferno Drainer reportedly advertises that it provides ready-to-go code to scammers, allowing them to steal crypto in exchange for a 20% cut of the scammer’s crypto “loot.”

  6. Jan 16, 2024 · Inferno Drainer was a prominent multichain crypto drainer that operated under the scam-as-a-service model and was active from November 2022 to November 2023. Victims were tricked on sophisticated phishing websites into connecting their cryptocurrency wallets with the attackers’ infrastructure.

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  8. Nov 27, 2023 · Web3 security firm Scam Sniffer highlighted that Inferno Drainer had helped steal more than $70 million worth of crypto from 103,767 victims across blockchains. The service works by charging 20% to 30% of the amount of stolen assets in exchange for providing its wallet draining script.