A new scam dubbed the “Inferno Drainer,” has successfully siphoned off approximately $6 million from unsuspecting cryptocurrency users.
Scam Sniffer, a reputable company that monitors web-based fraudulent activities, uncovered this alarming trend, shedding light on the evolving landscape of scams targeting the crypto community.
Details Of The Scam
The Inferno Drainer offers fraudsters readily available code that enables them to steal cryptocurrencies, in exchange for a significant share, typically around 20%, of the ill-gotten gains.
Scammers, targeting unsuspecting crypto holders, employ this scam-as-a-service model, resulting in substantial losses for victims who fall prey to their deceptive tactics.
1/ Inferno Drainer, a scam vendor specializing in multi-chain scams, has stolen $5.9 million in assets from nearly 4,888 victims through over 689 phishing websites targeting popular projects.
