Pink Drainer Retires After Stealing $85 Million in Crypto

Friday, 17 May 2024, 15:08

Pink Drainer, a major crypto drainer, retires after stealing $85 million, marking the end of an era in cryptocurrency theft. Despite the shutdown, the threat persists as similar drainers continue operations, keeping the risk alive for crypto users.
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Pink Drainer Retires After Stealing $85 Million in Crypto

Pink Drainer Retires After $85 Million Theft Milestone

ZachXBT, a well-known crypto investigator, shared the final announcement from Pink Drainer's Telegram channel, confirming the service's end after crossing the $85 million mark in stolen assets.

Threat Not Entirely Gone

Despite Pink Drainer's shutdown, the threat remains as other drainers like Angel Drainer continue to operate, posing risks for crypto users with sophisticated phishing activities.

A Pattern in Crypto Draining

Pink Drainer's retirement is part of a pattern in the crypto-draining space, following the shutdowns of other drainers like Inferno Drainer and Monkey Drainer after amassing significant sums in stolen assets.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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