A cryptocurrency whale appears to have lost $32 million worth of tokens after signing malicious transactions, blockchain security service ScamSniffer first noted in a post by X.
The losses came in the form of wrapped Ether tokens from decentralized finance (DeFi) protocol Spark. The 12,083 spWETH tokens leaked from the wallet are currently worth approximately $32.4 million.
According to blockchain intelligence company Arkham, this malicious transaction was carried out by the Inferno Drainer Scam-as-a-Service. Inferno Drainer, which targets users using spoofed versions of popular DeFi applications to trick them into signing over control of their wallets, stole more than $215 million from more than 200,000 victims during its lifetime, according to the Dune Analytics dashboard. Fraud sniffer.
Inferno’s operators reportedly take a 20% commission on stolen tokens. The service was originally shut down by the developer in November 2023, but it returned in May this year, with the service said to be “better than ever” with “new staff, new ways of working, new support and new features”. This scam service claims to support 28 blockchains and hundreds of DeFi apps.
The identity of the person who was phished has not yet been confirmed. However, blockchain detective ZachXBT discovered a large transaction linking the wallet to a whale known as CZSamSun (not to be confused with user
A blockchain message sent from the victim’s wallet reportedly offered a 20% reward for the return of funds, but there has yet to be a response from the alleged fraudster.
“To avoid phishing, don’t click on unknown links and don’t sign unknown signatures. Always double-check when signing a signature,” analytics firm LookOnChain posted on X.
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