CDS Crypto News Crypto News Today- Pink Drainer Retires Following $85 Million Theft Milestone
Crypto News

Crypto News Today- Pink Drainer Retires Following $85 Million Theft Milestone

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Crypto News Today- Pink Drainer Retires Following $85 Million Theft Milestone

Renowned Crypto Thief Pink Drainer Retires After $85M Heist Spree

Crypto News– In a surprising announcement on Telegram, Pink Drainer, the infamous crypto-wallet draining kit, declared its retirement after reaching its goal of facilitating the theft of over $85 million in crypto assets. Following the announcement, Pink Drainer deleted the entire Telegram chat history.

CryptoSleuth ZachXBT shared a screenshot of Pink Drainer’s final message on Telegram, confirming the shutdown of the drainware service after more than $75 million had been stolen. Additionally, PeckShieldAlert reported on the closure, noting that Pink Drainer addresses had staked up to 18.1 million $DAI into Spark, accounting for approximately 1.35% of the total $sDAI tokens.

Crypto News Today- Pink Drainer Retires Following $85 Million Theft Milestone 193674

The Pink Drainer Telegram channel has undergone a rebranding, now known as Bonadifier. The channel displays an image of Bonad, a drainer depicted with a mental disability, accompanied by the message “never forget what he took from you.”

Pink Drainer’s cybercriminal toolkit facilitated the theft of $53 million from over 9000 participants in 2023. The security researcher responsible for Pink Drainer defended the service, stating, I don’t phish, I just code.

Crypto News Today- Pink Drainer Retires Following $85 Million Theft Milestone 193674

For further insights into phishing attacks and online security, refer to Cointelegraph’s guide on crypto and artificial intelligence (AI).

This announcement from Pink Drainer follows a trend seen in the crypto-draining sphere. In November 2023, Inferno Drainer ceased operations after pilfering $70 million, preceded by Monkey Drainer’s shutdown in March 2023, which was involved in the theft of $13 million.

For the latest in crypto updates, keep tabs on Crypto Data Space.

Crypto News Today- Pink Drainer Retires Following $85 Million Theft Milestone
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sevval

Şevval has been actively writing since 2022 and is a third-year mathematics student at Ankara University. Her interest in writing is shaped particularly around innovative technologies such as Web3, artificial intelligence, and blockchain. She closely follows developments in these fields and aims to convey complex topics to readers in a clear and engaging manner. She enjoys combining her mathematical knowledge with technology to create content and strives to raise awareness about the digital world of the future.

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