Tornado Cash

Tornado

<div class="sg-post-des">
 “We hope you can remember us as the best drainer that has ever existed,” wrote the scam-as-a-service wallet drainer.
</div>
<div class="cointelegraph">
 Inferno Drainer, one of the most popular <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> wallet-draining kits for hire says it is <a rel="noopener noreferrer nofollow" title="shutting" href="https://thebittimes.com/tag/shutting.html">shutting</a> down for good after <a rel="noopener noreferrer nofollow" title="helping" href="https://thebittimes.com/tag/helping.html">helping</a> phishing scammers <a rel="noopener noreferrer nofollow" title="steal" href="https://thebittimes.com/tag/steal.html">steal</a> nearly $70 million worth of <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> this year.
 In a Nov. 26 Telegram post, the team behind Inferno Drainer said it was “time for us to move on.” However, it said that the files and infrastructure needed to run the wallet drainer won’t be destroyed but instead will remain active so users can make a “smooth transition” to other services.
 <blockquote>
 “It has been a long ride with all of you and we’d like to thank you from heart [sic]. Unfortunately, nothing lasts forever.”
 </blockquote>
 “A big thank [sic] to everyone who has worked with us,” it added. “We hope you can remember us as the best drainer that has ever existed and that we succeeded in <a rel="noopener noreferrer nofollow" title="helping" href="https://thebittimes.com/tag/helping.html">helping</a> you in the quest of making money.”
 <figure><img src="https://cdn.thebittimes.com/images/2023/11/27/40319252beb620441a3f5a7e3682b0bf.webp">
 <figcaption style="text-align: center;">Inferno Drainer’s final message to its users. Source: Telegram
 </figcaption>
 </figure>
 Inferno Drainer gained prominence early this year and saw increased use after the popular Monkey Drainer tool shut down. Like its peers, Inferno offered its <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> wallet-draining software and took a 20% cut of what users stole.
 Since February, Inferno Drainer has stolen nearly $70 million from over 100,000 victims, according to analytics from Web3 anti-scam platform Scam Sniffer. However, the Inferno Drainer team suggested the amount stolen was over $80 million.
 The Inferno Drainer team has deleted the affiliate Telegram account “mr_inferno_drainer” used for arranging its service and warned its users not to trust other drainers using its name in the future.
 Related: Pink, Pussy, Venom, Inferno — Drainers coming for a <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> wallet near you
 Blockchain security firm CertiK told Cointelegraph that Inferno Drainer was “one of the most damaging phishing kits to the community we’ve seen.”
 It added there are still “plenty of providers out there” who are active, including rival Pink Drainer and Angel Drainer, the latter of which released an update on Nov. 25 to help users drain wallets on more blockchains.
 Monkey Drainer, another high-profile <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> drainer that stole millions, shut down in March, saying it was “time to move on to something better.”
 Magazine: Tornado Cash 2.0 — The race to build safe and legal coin mixers
 <template data-name="subscription_form" data-type="defi_newsletter"></template>
</div>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/inferno-drainer-says-it-s-shutting-down-after-helping-steal-70m-in-crypto-tbt71682.html">https://thebittimes.com/inferno-drainer-says-it-s-shutting-down-after-helping-steal-70m-in-crypto-tbt71682.html</a>

Inferno Drainer says it’s shutting down after helping steal $70M in crypto

TheBitTimes

Other articles published on Nov 27, 2023

Emerging Crypto Assets Attract Analyst’s Attention for Potential Growth

SEC Faces Challenges in Serving Richard Schueler Lawsuit

Square Enix’s NFT Game Symbiogenesis Sets Auction Dates, Launches December 21 – Here’s What You N...

Binance Labs’ Strategic Investment in Open Campus for Revolutionizing Web3 Education

Stablecoins Gain Ground in Japan: Circle and SBI Holdings Spearhead USDC Introduction

Maximizing Cyber Monday With OduwaPay

Join our free newsletter for daily crypto updates!