Cryptocurrency
[loss] $4M+
Tweet thread by zachxbt
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
- 2022-10-25 Breach occurred
- 2022-10-25 Publicly disclosed