Pink Drainer Hackers Fall Victims to Attack on Their Address

Pink Drainer Hacker Group and the Rise of Cybercriminal Activity

In May of this year, Pink Drainer, a notorious hacker group, fell victim to a fraudulent scheme involving the «poisoning» of addresses. As a result, the group was forced to halt its activities after reaching its financial targets.

According to the analytical platform Dune, Pink Drainer managed to steal over $85 million from more than 21,000 victims starting from July 2023. This staggering figure underscores the group’s widespread impact on the cryptocurrency community and the severity of its criminal activities.

Notably, a separate incident involved an unknown perpetrator using the same «poisoning» method to steal 22,960 ETH, equivalent to approximately $67.1 million. However, the perpetrator surprisingly returned all the stolen funds to the victim shortly after the theft. This peculiar turn of events shed light on a new form of manipulation within the cryptocurrency sphere, showcasing the deceptive tactics employed by criminals, even when they fall victim to their own schemes.

The Pink Drainer incident serves as a stark reminder of the escalating sophistication and complexity of cybercriminal methods within the cryptocurrency realm. It underscores the pressing need for heightened security measures and increased user awareness regarding potential threats in the digital landscape.