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HomeAltcoinPockets Drainers Stole Over $4M From Solana Customers within the Previous Month
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Pockets Drainers Stole Over $4M From Solana Customers within the Previous Month

  • In response to Rip-off Sniffer, pockets drainers have stolen over $4 million from Solana customers previously month.
  • Rip-off Sniffer famous that over 4 thousand customers misplaced funds to the pockets drainers in a widespread phishing assault.
  • In response to the anti-scam platform, scammers make use of anti-simulation strategies to stop wallets from displaying stability modifications.

In response to Rip-off Sniffer, a Web3 anti-scam platform, subtle Solana pockets drainers have stolen over $4 million from Solana customers previously month. In a thread on X (previously Twitter), the anti-scam platform famous that over 4 thousand customers misplaced funds to the pockets drainers in a widespread phishing assault.

In response to Rip-off Sniffer, it first seen a Rainbow Drainer after one of many victims reported an airdrop phishing incident, after which it alerted customers to watch out for the continuing fraudulent train. In a warning put up on December 16, 2023, Rip-off Sniffer famous that scammers make use of anti-simulation strategies to stop wallets from displaying stability modifications. Therefore, victims unknowingly lose their property by signing malicious transactions.

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The anti-scam platform famous that Rainbow Drainer stole about $2.14 million from 2,189 victims, in line with information from Dune Analytics. It additionally recognized one other scammer, Node Drainer, which appeared in a Christmas day phishing marketing campaign and has stolen over $2 million in lower than two weeks.

Rip-off Sniffer additional famous that an deal with related to Node Drainer transformed stolen USDC to ETH by way of AllBridge, making over $1 million in revenue. It cited that, not like Ethereum, Solana phishing usually entails direct transfers, exploiting weaknesses in transaction simulations.

In the meantime, the anti-scam platform described the blockchain ecosystem as a darkish forest the place scammers are lurking. It warned customers to guard their digital property by staying vigilant and knowledgeable. 

Solana attracted many customers within the final quarter of 2023, with its value rallying considerably. The layer-one blockchain resolution gained over 570% between September 27 and December 25, 2023, in line with information from TradingView. SOL traded for $97.79 on the time of writing, having pulled again from its Christmas day excessive of $125.97.

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Disclaimer: The knowledge 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 shouldn’t be accountable for any losses incurred on account of the utilization of content material, merchandise, or companies talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.

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