Pink Drainer, the notorious crypto-wallet draining kit, has officially retired after amassing over $85 million in stolen assets from 21,100 victims since July 2023. The announcement was made on Telegram, marking the end of a significant chapter in crypto theft. Following the shutdown, the channel was rebranded to "Bonadifier."
The team behind Pink Drainer stated they have achieved their objectives and are retiring, shutting down their infrastructure and securely deleting all stored data. The developer, known only as Pink, refused further comment and deleted the Telegram chat history.
Despite Pink Drainer's closure, the threat is not entirely gone. Other drainers like Angel Drainer continue to operate, keeping the risk alive for crypto users. In February, Angel Drainer stole over $400,000 from 128 victims. Phishing activities in the crypto space have escalated, with nearly $300 million stolen from around 320,000 users over the past year.
Pink Drainer's retirement follows a pattern in the crypto-draining space, with previous shutdowns like Inferno Drainer and Monkey Drainer. These drainers operate as phishing-as-a-service platforms, collecting fees and a percentage of the looted funds.
The crypto community reacted with a mix of relief and caution, recognizing the ongoing risks despite Pink Drainer's exit.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
