Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
Crypto security firm Ancilia is facing backlash after sharing a malicious crypto drainer link while attempting to assist users affected by a recent $52 million exploit targeting the lending protocol Radiant Capital.
The hack, which took place on October 16, saw attackers steal around $51.5 million worth of assets from the protocol.
Following the attack, Radiant Capital users scrambled to revoke permissions to protect their remaining funds.
Ancilia stepped in to aid users, but their efforts backfired when they shared a link from what they believed to be an official source.
The link, however, led to a wallet drainer, risking further losses for those who followed the instructions.
Crypto commentator “Spreek” highlighted the issue, sharing a screenshot of Ancilia’s now-deleted post.
Spreek pointed out that Ancilia had reposted a “scam link” originating from a fake Radiant X account.
Ancilia’s message had urged users to “follow the link from this official message” to revoke permissions, but the link was designed to steal funds from any user who clicked it and accepted the permissions.
“For god’s sake, if you are a ‘trusted’ security account, you need to absolutely make sure to never do this,” Spreek posted on X.
In response to the Radiant Capital hack, crypto security firm De.Fi posted on X on October 16, detailing how the attackers had exploited vulnerabilities within the protocol’s smart contracts on Binance Smart Chain and Arbitrum.
The exploit allowed them to alter the contracts, facilitating the theft of approximately $51.5 million
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