Cybercriminal group Pink Drainer announces end of activities
Cybercriminal group Pink Drainer has announced the end of its activities after stealing $85 million worth of cryptocurrency. The group members provided other criminals with tools for cryptocurrency theft using social engineering methods and phishing attacks. They received commissions and percentages of the stolen assets for their services.
Pink Drainer refuses to return stolen funds
In an official statement, Pink Drainer confirmed that they have no intention of returning the stolen funds. They expressed gratitude to the criminal community for their trust and respect, emphasizing that they have achieved their goal and now plan to dismantle their operational infrastructure. All saved information will be destroyed to ensure confidentiality.
Continued threat to cryptocurrency security
According to hackers, their departure will not change the security situation in the cryptocurrency market. They believe that users will continue to fall victim to scammers and investments in scam projects. MistTrack platform specialists report that Pink Drainer is involved in attacks on creditors of the bankrupt cryptocurrency exchange FTX, including the company BlockFi for $5 million, and the theft of $4.4 million from one of the holders of LINK tokens. The ScamSniffer portal reports that more than 20,000 people have fallen victim to this group.
Importance of enhancing security measures
In this context, it is worth noting that earlier the team of the Sonne Finance crypto lending protocol reported a loss of at least $20 million due to the use of vulnerabilities in smart contracts by criminals. These events highlight the growing security threat in the cryptocurrency sphere and the need to increase protection measures.
