Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Angel Drainer Shuts Down After “De-anonymization” of Members

DailyCoinDailyCoin2024/07/17 14:04
By:DailyCoin
  • Angel Drainer has reportedly suspended its services.
  • The crypto phishing service has retired after facilitating the theft of millions.
  • Some developers behind the service have been “de-anonymized.”

Infamous crypto phishing software Angel Drainer has reportedly shut down after its developers were potentially identified by security experts.

The Drainer-as-a-Service (DaaS) platform emerged around August last year. It offers advanced tools and services against a 20% cut and an initial deposit of between $5000 and $10000 from its affiliates.

Sponsored

Blockchain security firm Blockaid reported on February 5 that scammers had leveraged the crypto drainer to steal over $25 million from 35,000 digital asset users.

Angel Drainer Suspends Its Operations

In an X post on July 16, Match Systems announced that it was actively investigating the thefts involving Angel Drainer and had “made progress in identifying the individuals behind this group.” The post urged victims to come forward for assistance and further investigation.

🚨 Deanonymization of Angel Drainer Members! 🚨

We are actively working on investigating the thefts involving Angel Drainer and have already made progress in identifying the individuals behind this group.

🕵️‍♂️ Who are Angel Drainer?
Angel Drainer is a criminal gang that has… pic.twitter.com/UEzRS7kR9Q

— Match Systems (@MatchSystems) July 16, 2024

About four hours later, the cybersecurity research team at Match Systems issued another update , noting that the notorious crypto drainer service had suspended its operations.

“Two hours after our publication about the de-anonymization of Angel Drainer members, their telegram channel reported that Drainer was suspended,” the team wrote. “We continue to accumulate data and work to identify the remaining identities involved in this criminal gang.”

While it’s unclear whether Match Systems reported the “de-anonymized” developers to law enforcement as it continues with the investigation, Angel Drainer retires after allegedly facilitating high-profile heists like Ledger Connect Kit and Restake Farming attack.

Sponsored

Notably, it isn’t the only crypto drainer service to fall in the recent past. Pink Drainer announced the suspension of its services on May 17, barely a month after Blockaid reported that Violet Drainer had also shut down.

Read about the recent phishing attacks targeting TON users:
SlowMist Flags Escalated Phishing Attacks in the TON Ecosystem

Stay updated on the $10M LI.FI protocol hack:
LI.FI Hack Steals $10 From Users: How to Protect Your Funds

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!

You may also like

Why Bitcoin Isn’t Experiencing an Explosive Surge? Analytics Company Reveals the Real Reason

Why doesn't the Bitcoin price show sudden increases like before? The analysis company shared the report containing its thoughts.

Bitcoinsistemi2024/09/20 09:36

What Does Bitcoin Dominance Tell Us? Why Is It Increasing? Here is the Latest Report

Bitcoin (BTC) dominance continues to rise. So what's behind this rise? Here's the data.

Bitcoinsistemi2024/09/20 09:36

Which Country Owns the Most Bitcoin? El Salvador is in Fourth Place

Interestingly, El Salvador is at the bottom of the list of governments with the most Bitcoin. Here are the details.

Bitcoinsistemi2024/09/20 09:36