Scam Sniffer experts conducted an in-depth analysis of blockchain records outside and inside the networks of Etherium, Arbitrum, BNB Chain, which revealed some 5,000 victims of the Inferno Drainer scam, who collectively lost more than $5.9 million in several cryptocurrencies and NFTs.
The Etherium network has $4.3 million, Arbitrum has $0.79 million, Polygon has $0.41 million, and BNB has $0.39 million.
According to a statement from Scam Sniffer, the real extent and instigators of the embezzlement were uncovered after a suspect, a member of the Inferno Drainer team named Mr.Inferno, appeared in the Telegram group Scam Sniffer.
“The Telegram channel helped identify a website advertising the services of a scammer.
By requesting a hash of transactions, we found them in the ScamSniffer database and linked them to some known malicious Web3 website addresses on our platform.
It became known that in March alone Inferno created about 700 phishing web pages to steal data and crypto-assets,” Scam Sniffer representatives say.
Inferno Drainer’s phishing websites target about 220 popular crypto brands such as Pepe, Bob, Collab.Land, zkSync, Sui, ChainGPT, PUYSPOP and the like.
In addition, Inferno specializes in selling fraudulent services to third-party attackers in exchange for 20% of the value of stolen crypto-assets.
According to a Kaspersky Lab survey, in 2022, more than a third of Americans who own cryptocurrencies have fallen victim to fraudsters.
The reason: Users don’t pay enough attention to protecting their crypto-assets.