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...
A crypto whale has reportedly fallen victim to a phishing attack, losing over $32 million in tokens due to a malicious transaction.
The incident was initially flagged by blockchain security firm ScamSniffer on the social media platform X.
The stolen assets, amounting to 12,083 wrapped ether tokens (spWETH), were linked to the decentralized finance (DeFi) protocol Spark and are valued at approximately $32.4 million.
According to blockchain intelligence company Arkham, the attack was orchestrated using the Inferno Drainer, a notorious scam-as-a-service tool.
The software targets users by creating fake versions of popular DeFi applications, deceiving them into signing transactions that hand over control of their wallets.
Inferno Drainer has reportedly been responsible for stealing over $215 million from more than 200,000 victims throughout its existence, as highlighted by a Dune Analytics dashboard created by ScamSniffer.
The service’s operators allegedly take a 20% commission on stolen tokens.
Although Inferno Drainer was shut down by its developers in November 2023, it resurfaced in May 2024 with claims of improved features, new staff, and support for 28 different blockchains and hundreds of DeFi apps.
The identity of the victim remains unconfirmed, but blockchain investigator ZachXBT noted significant transactions linking the compromised wallet to a whale known as CZSamSun, not to be confused with the Paradigm researcher known as @samczsun on X.
In a message sent from the victim’s wallet, a 20% reward was offered for the return of
Read more on cryptonews.com