Cryptocurrency [loss] $4M+

Tweet thread by zachxbt

2022-10-25 [vendor] Monkey Drainer phishing [chain] ethereum
Primary Source ↗
Financial Loss $3.5M (3,500,000 USD)
Blockchain(s) Ethereum

Incident Details

A phishing scammer called “Monkey Drainer” stole around 700 ETH (~$940,000) in 24 hours on October 25, according to blockchain sleuth zachxbt. The scammer used malicious phishing sites to trick users into signing transactions that then drained cryptocurrencies and NFTs from their wallets. Some individual victims lost crypto valued at hundreds of thousands of dollars, and others lost NFT collections. Zachxbt estimated the total amount solen by Monkey Drainer to be around $3.5 million.

Total loss estimated at $3,500,000.

Technical Details

Initial Attack Vector
On-chain theft (attributed by zachxbt)
Vendor / Product
Monkey Drainer phishing

Timeline

  1. 2022-10-25 Breach occurred
  2. 2022-10-25 Publicly disclosed