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In response to a Telegram put up on its channel, infamous crypto scammer Monkey Drainer shut down its providers on Feb. 28.
Monkey Drainer stated:
“All recordsdata, servers, and gadgets associated to monkey drainer can be destroyed instantly. Monkey Drainer is not going to return.”
The scammer stated “working large-scale cybercrime” requires excessive dedication and suggested younger cyber criminals to not “lose themselves within the pursuit of straightforward cash.”
Whereas the scammer didn’t reveal why they’re closing their providers, they stated they had been shifting on to “one thing higher than ever earlier than.”
Blockchain safety agency CertiK reported that the scammer started operation in 2022, offering phishing kits for different malicious gamers. CertiK estimated that round $13 million value of digital property had been stolen by way of the tools.
Monkey Drainer takes a 30% fee on all stolen funds from scammers utilizing its phishing package.
Certik reported that copy-cats drainers had been adopting Monkey’s technique. The Monkey Drainer additionally really useful an alternate “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 well-liked phishing hacks the Monkey Drainer was concerned in included stealing over 700 Ethereum (ETH) from two people, in response to ZachXBT. The scammer additionally stole NFTs value roughly 520 ETH, about $824,200, in November 2022.
The put up Crypto phishing scammer Monkey Drainer shuts down services appeared first on CryptoSlate.
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