Crypto phishing scammer Monkey Drainer shuts down providers


Based on a Telegram put up on its channel, infamous crypto scammer Monkey Drainer shut down its providers on Feb. 28.

Monkey Drainer stated:

“All recordsdata, servers, and gadgets associated to monkey drainer might be destroyed instantly. Monkey Drainer won’t return.”

The scammer stated “working large-scale cybercrime” requires excessive dedication and suggested younger cyber criminals to not “lose themselves within the pursuit of simple cash.”

Whereas the scammer didn’t reveal why they’re closing their providers, they stated they had been shifting on to “one thing higher than ever earlier than.”

Blockchain safety agency CertiK reported that the scammer started operation in 2022, offering phishing kits for different malicious gamers. CertiK estimated that round $13 million value of digital property had been stolen through the tools.

Monkey Drainer takes a 30% fee on all stolen funds from scammers utilizing its phishing equipment.

Certik reported that copy-cats drainers had been adopting Monkey’s technique. The Monkey Drainer additionally really helpful another “scam-as-a-service” supplier Venom Drainer.

In the meantime, Peckshield reported that wallets linked to the scammer transferred 200 Ethereum (ETH) — over $300,000 — to the blending protocol Twister Money. The wallets maintain a steadiness of 840 ETH ($1.4 million).

A few of the widespread phishing hacks the Monkey Drainer was concerned in included stealing over 700 Ethereum (ETH) from two people, based on ZachXBT. The scammer additionally stole NFTs value roughly 520 ETH, about $824,200, in November 2022.

The put up Crypto phishing scammer Monkey Drainer shuts down providers appeared first on CryptoSlate.

Supply: CryptoSale