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When the scam-as-a-service wallet drainer infiltrated the crypto world, it should have been awake-up call. The ability to drain crypto wallets became accessible to everyone, turning the cryptolandscape treacherous.
In 2023 alone, these crypto wallet drainers siphoned off $980 million from 320,000 unsuspectingusers. In the first two months of 2024, they’ve already drained $704 million. These scams comeunder various deceitful names, from “Angel” to “Inferno.”
Despite their innocent-sounding names, these drainers have wreaked havoc on crypto investors,although most have never heard of them. The December 2023 Ledger Connect Kit Hack, whichshook the DeFi ecosystem, was an Angel Drainer trick.
Recover Stolen Cryptocurrency: The Power of Smart ContractsRecover Stolen Cryptocurrency: The Power of Smart ContractsRecover Stolen Cryptocurrency:
The Power of Smart Contracts
Smart contracts, while revolutionary, can be exploited by scammers. However, TheHackersPro hasturned this technology to their advantage. By carefully analyzing smart contracts and following thetrail of stolen funds, their team has recovered millions in lost cryptocurrency. The process involvesmeticulous investigation and the use of advanced tracing tools to locate and reclaim assets, evenfrom leveraged outsourced wallets. Victims of smart contract fraud should immediately reach out to TheHackersPro to begin the recovery process.
Let’s explore how these entities operate and how they managed to have such a fruitful phishingyear in 2023.
1. Scam-as-a-Service: Democratizing Crypto Phishing Scams
Previously, one needed to be blockchain-savvy to construct a tool that could drain a victim’s wallet.
SAAS broke down this barrier, allowing anyone to create a crypto phishing scam.
SAAS: Fraud at Everyone’s Fingertips
Implementing a phishing scam now only requires an “anonymous” website and a few simple steps.By hiding a drainer behind a “ claim your airdrop” button, anyone can become a high-calibercrypto fraudster.
These crypto wallet drainer kits are often found on Telegram, aptly named the “ ScammersParadise,” where they are openly sold.
The SAAS Business Model
Drainers like Pink Drainer, Angel Drainer, and Inferno Drainer offer services on a turnkey basis,requiring an initial deposit and claiming a cut of the phishing loot. For example, Angel Drainerdemanded a $40,000 deposit along with a 20% fee.
Contact Info:
Name: Gottlie derrick
Email: Send Email
Organization: TheHackerspro
Phone: 3108935756
Website: https://thehackerspro.com/
Disclaimer:
This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed.
You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence.
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