As a seasoned researcher with years of experience in the blockchain and cryptocurrency space, I have seen my fair share of scams and fraudulent activities. The news of Angel Drainer’s shutdown comes as a relief to me and many others in this community who have been affected by their nefarious actions.
According to reports from blockchain security company Match Systems, the infamous crypto phishing app, Angel Drainer, is believed to have been taken offline following the possible identification of its developers.
An individual named Angel Drainer, responsible for more than $25 million in cryptocurrency losses, tricks users into authorizing token transfers, which are then used by scammers to empty wallets. In return, the deceivers receive a cut of the ill-gotten gains.
We’ve been diligently working on unmasking the members of Angel Drainer, the criminal organization responsible for recent thefts.
🕵️♂️ Who is Angel Drainer?
Angel Drainer refers to a notorious gang that has been identified as being behind several illegal activities.— Match Systems (@MatchSystems) July 16, 2024
On February 5, it was reported by Blockaid, a blockchain security company, that approximately $25 million was stolen from around 35,000 crypto users through the use of Angel Drainer.
Around 4 PM UTC on July 16, Match Systems disclosed on platform X that they had gained ground in uncovering the creators of Angel Drainer. They invited affected individuals to share any relevant details to accelerate the ongoing probe.
Approximately 4 hours have passed since Match Systems made known that Angel Drainer had come to a halt. They unveiled a snapshot taken from Angel Drainer’s Telegram platform, where disgruntled users voiced their concerns over the app’s inoperability.
Some users reported issues with Angel Drainer, mentioning incorrect value computations and confusing prompts. They were taken aback by the requirement for manual developer adjustments.
The Pink Drainer company halted its activities on May 17, having allegedly misappropriated $85 million from crypto users. In contrast, Violet Drainer announced its closure on April 25, with its developer explaining the decision was driven by heightened challenges arising from advanced Ethereum digital wallet security measures.
The closure of Angel Drainer signifies a noteworthy triumph in the battle against crypto phishing schemes, emphasizing the necessity of continuous security measures within the cryptocurrency sector.
Read More
- BODEN PREDICTION. BODEN cryptocurrency
- GHST PREDICTION. GHST cryptocurrency
- BETA PREDICTION. BETA cryptocurrency
- STRD PREDICTION. STRD cryptocurrency
- Mango Markets Exploiter Found Guilty Of Fraud And Manipulation
- GBP EUR PREDICTION
- MATIC PREDICTION. MATIC cryptocurrency
- LOOKS PREDICTION. LOOKS cryptocurrency
- BRN/USD
- TNSR PREDICTION. TNSR cryptocurrency
2024-07-17 08:04