- Crypto hacking group “Pink Drainer” steals 275,700 LINK tokens, valued at $4.42 million, by means of a phishing assault.
- The sufferer clicked on a phishing hyperlink, deceived into signing an “Enhance Approval” transaction.
- Pink Drainer’s year-long spree contains $18.6 million stolen from over 9,000 victims, with a report theft of $1.38 billion on July 19, 2023.
The infamous crypto hacking group often called “Pink Drainer” has left one other sufferer in its wake, stealing a staggering $4.42 million in Chainlink (LINK). The sufferer, who fell prey to a complicated phishing assault, was drained of a complete of 275,700 LINK tokens in two swift transactions.
On-chain analyst Lookonchain reported the incident, citing that the sufferer, whose identification stays confidential, inadvertently clicked on a phishing hyperlink. Deceived into signing an “Enhance Approval” transaction, the investor watched helplessly as 275,700 LINK, valued at $4.42 million, was siphoned off by malicious actors.
The stolen property had been distributed with 68,925 LINK transferred to a pockets recognized as “PinkDrainer: Pockets 2,” and the remaining 206,775 LINK despatched to an deal with ending with “Fake_Phishing269918.
The sufferer, who had been accumulating LINK since June 7, 2022, managed to amass a considerable holding of 290,750 LINK tokens, equal to $2.26 million at a median value of $7.8. On the time of the incident, with the value of LINK hovering round $16, the worth of his holdings had appreciated to a formidable $4.66 million, leading to a revenue of almost $2.4 million.
All year long, Pink Drainer has been making headlines for its involvement in a sequence of Discord and Twitter hacks. Knowledge from Dune Analytics reveals that as of December 19, Pink Drainer has efficiently stolen a complete of $18.6 million from greater than 9,000 victims. The best stolen quantity recorded was final July 19, 2023, valued at $1.38 million.
Disclaimer: The data offered on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any sort. Coin Version is just not accountable for any losses incurred because of the utilization of content material, merchandise, or providers talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.
