Crypto phishing scammer Monkey Drainer shuts down providers

    In accordance with a Telegram submit on its channel, infamous crypto scammer Monkey Drainer shut down its providers on Feb. 28.

    Monkey Drainer mentioned:

    “All files, servers, and devices related to monkey drainer will be destroyed immediately. Monkey Drainer will not return.”

    The scammer mentioned “operating large-scale cybercrime” requires excessive dedication and suggested younger cyber criminals to not “lose themselves in the pursuit of easy money.”

    Whereas the scammer didn’t reveal why they’re closing their providers, they mentioned they have been transferring on to “something better than ever before.”

    Cryptocurrency ledger safety agency CertiK reported that the scammer started operation in 2022, offering phishing kits for different malicious gamers. CertiK estimated that round $13 million price of digital belongings had been stolen by way of the gear.

    Monkey Drainer takes a 30% fee on all stolen funds from scammers utilizing its phishing equipment.

    Certik reported that copy-cats drainers have been adopting Monkey’s methodology. The Monkey Drainer additionally really helpful another “scam-as-a-service” supplier Venom Drainer.

    In the meantime, Peckshield reported that wallets linked to the scammer transferred 200 Ethereum (ETH) — over $300,000 — to the blending protocol Twister Money. The wallets maintain a stability of 840 ETH ($1.4 million).

    Among the widespread phishing hacks the Monkey Drainer was concerned in included stealing over 700 Ethereum (ETH) from two people, based on ZachXBT. The scammer additionally stole NFTs price roughly 520 ETH, about $824,200, in November 2022.

    The submit Crypto phishing scammer Monkey Drainer shuts down providers appeared first on CryptoSlate.

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