A notorious hacking group known as “Pink Drainer” has been exposed as the mastermind behind a series of cybercrimes targeting Discord and Twitter users. These illicit activities have resulted in the theft of over $18 million from more than 9,000 individuals.
One of their high-profile heists involved stealing $4.4 million worth of Chainlink (LINK) from a single victim. The victim unknowingly granted the hacker access to their wallet by approving an “Increase Approval” function. In total, 275,700 LINK tokens were transferred, with 68,925 LINK ending up in a wallet labeled “PinkDrainer: Wallet 2” and 206,775 LINK sent to a separate address.
The stolen crypto was quickly converted into Ethereum through an instant cryptocurrency exchange called eXch. Pink Drainer has been linked to various Discord and Twitter breaches over the past year, affecting projects such as Evmos, Pika Protocol, OpenAI Chief Technology Officer Mira Murati, and Orbiter Finance.
Blockchain security firm Scam Sniffer has confirmed that the recent attack is attributed to the Pink Drainer scheme, although the exact details of the victim’s interaction with the fraudulent website remain unclear. The stolen funds have already been converted to Ether and are currently being laundered through eXch.
Further investigation is underway to uncover the identities behind the wallets associated with these incidents. Experts believe that Pink Drainer is affiliated with a well-known hacking group responsible for multiple scams in the past.
This incident has sparked outrage within the crypto community, leading to calls for increased disclosure and urging cryptocurrency holders to exercise caution. Scam Sniffer has identified at least 10 fraudulent Pink Drainer websites within the past day, highlighting the need for continued vigilance and security measures in the face of evolving cyber threats.
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | negative |
| Relevance Score | 1 |
| People | None, Mira Murati |
| Companies | Chainlink, Evmos, Scam Sniffer, Pink Drainer, eXch, OpenAI, Discord, Reddit, Pika Protocol, Twitter, Orbiter Finance |
| Currencies | Chainlink, Ethereum |
| Securities | None |
