Angel Drainer Shuts Down After “De-anonymization” of Members
- Angel Drainer has reportedly suspended its services.
- The crypto phishing service has retired after facilitating the theft of millions.
- Some developers behind the service have been “de-anonymized.”
Infamous crypto phishing software Angel Drainer has reportedly shut down after its developers were potentially identified by security experts.
The Drainer-as-a-Service (DaaS) platform emerged around August last year. It offers advanced tools and services against a 20% cut and an initial deposit of between $5000 and $10000 from its affiliates.
Sponsored
Blockchain security firm Blockaid reported on February 5 that scammers had leveraged the crypto drainer to steal over $25 million from 35,000 digital asset users.
Angel Drainer Suspends Its Operations
In an X post on July 16, Match Systems announced that it was actively investigating the thefts involving Angel Drainer and had “made progress in identifying the individuals behind this group.” The post urged victims to come forward for assistance and further investigation.
About four hours later, the cybersecurity research team at Match Systems issued another update , noting that the notorious crypto drainer service had suspended its operations.
“Two hours after our publication about the de-anonymization of Angel Drainer members, their telegram channel reported that Drainer was suspended,” the team wrote. “We continue to accumulate data and work to identify the remaining identities involved in this criminal gang.”While it’s unclear whether Match Systems reported the “de-anonymized” developers to law enforcement as it continues with the investigation, Angel Drainer retires after allegedly facilitating high-profile heists like Ledger Connect Kit and Restake Farming attack.
Sponsored
Notably, it isn’t the only crypto drainer service to fall in the recent past. Pink Drainer announced the suspension of its services on May 17, barely a month after Blockaid reported that Violet Drainer had also shut down.
Read about the recent phishing attacks targeting TON users:
SlowMist Flags Escalated Phishing Attacks in the TON Ecosystem
Stay updated on the $10M LI.FI protocol hack:
LI.FI Hack Steals $10 From Users: How to Protect Your Funds
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin and Ethereum ETF Entry Series Ended! Major Exits! Here is the Latest Data…
Long-term inflows in spot Bitcoin and Ethereum ETFs have given way to outflows.
EU Commission approves Nvidia’s Run:ai acquisition
Share link:In this post: This followed a probe over competition concerns raised by Italian regulators. The EU Commission unconditionally approved the transaction. The Nvidia case is one of the many other probes into big tech firms’ acquisition of smaller companies.
SEC hits Jump Trading with $123m fine over TerraUSD scandal and Luna misconduct
Share link:In this post: SEC has fined Jump Trading $123 million over its role in the TerraUSD scandal. Tai Mo Shan agreed to settle the fine without admitting or refuting the charges. Jump Trading made more than $1 billion in profit in an arrangement with Terraform.
Shiba Inu advances DeFi strategy with Chainlink partnership
Chainlink's CCT standard allows Shiba Inu tokens to achieve interoperability and expand across 12 blockchains.