Multi-chain crypto scam service Inferno Drainer has halted its service ‘for good and won’t return again.’
A multi-chain cryptocurrency scam service Inferno Drainer is going dark “for good” after stealing $80 million from victims.
According to a Telegram post published on Nov. 26, 2023, the team has decided to shut down the service in an effort “to move on,” without going into details. The announcement noted that all Inferno-related files and servers will not be destroyed, so its customers could make a “smooth transition to the new service you’re going to choose.”
“Inferno is closed for good and won’t return again.”
The Inferno team
Inferno Drainer was first spotted in March 2023, leaving thousands of investors without their crypto holdings. According to various estimations, Inferno launched over 9,000 phishing websites, targeting crypto and NFT projects such as Arbitrum, Optimism, MetaMask, OpenSea, LayerZero Labs, and many others.
Inferno Drainer was a subscription-based malware, charging its customers 30% for making phishing websites and another 20% from each successful theft. According to Scam Sniffer, a cybersecurity firm, Inferno Drainer stole nearly $75 million in less than a year.
On Nov. 16, 2023, crypto.news reported that scammers have started impersonating blockchain analytics firms and on-chain detectives on X in a bid to defraud victims. According to crypto sleuth ZachXBT’s calculations, scammers have stolen more than $300,000 worth of crypto within a few days using such techniques.