Cryptocurrency [loss] $6M+

"$5.9 Million Stolen By Scam as a Service Provider Called Inferno Drainer"

2023-05-19 [vendor] Inferno Drainer phishing service [chain] ethereum, bsc, polygon
Primary Source ↗
Financial Loss $5.9M (5,923,380 USD)
Blockchain(s) Ethereum, Bsc, Polygon

Incident Details

A scam-as-a-service company identified by ScamSniffer and dubbed “Inferno Drainer” has stolen assets nominally worth around $5.9 million since mid-February. The vendor sells phishing scam software that is then used by phishers to target victims, who believe that they are interacting with an established crypto project. Inferno Drainer takes 20–30% of the stolen funds as “payment” for the scam software.One Inferno Drainer victim lost assets worth around $417,000. They later sent an on-chain message to the thief, writing: “you are ruining my life and for me this money was a lifetime’s work, I won’t have enough my family…” They asked the attacker to return 50% of the funds stolen from them, offering to not report the scammer to Interpol and other authorities in return, and even offering to “sign a contract allowing you to use legally the stolen crypto”.

Total loss estimated at $5,923,380.

Technical Details

Initial Attack Vector
Phishing attack
Vendor / Product
Inferno Drainer phishing service

Timeline

  1. 2023-05-19 Breach occurred
  2. 2023-05-19 Publicly disclosed