Inferno Drainer, a widely utilized service for hiring crypto wallet-draining kits, has announced its permanent closure following its involvement in assisting phishing scammers in pilfering nearly $70 million worth of cryptocurrency throughout the year.
In a Telegram post dated November 26, the Inferno Drainer team expressed that it is “time for us to move on.” They mentioned that while the files and infrastructure necessary for the wallet-draining operation will not be eradicated, they will be kept active to facilitate a “smooth transition” for users migrating to alternative services.
The post conveyed gratitude to the community, stating, “It has been a long ride with all of you, and we’d like to thank you from the heart. Unfortunately, nothing lasts forever.” The team acknowledged everyone who collaborated with them, aspiring to be remembered as the premier drainer in existence, aiding individuals in their pursuit of financial gains.
In early 2023, Inferno Drainer gained prominence, particularly after the cessation of the popular Monkey Drainer tool. Similar to its counterparts, Inferno provided crypto wallet-draining software, taking a 20% commission from the funds stolen by users.
Web3 anti-scam platform Scam Sniffer reported that since February, Inferno Drainer has siphoned nearly $70 million from over 100,000 victims, although the Inferno Drainer team suggested a higher amount, surpassing $80 million.
The team has taken steps to delete the affiliate Telegram account, “mr_inferno_drainer,” which was used for coordinating its services. Users have been cautioned against trusting future drainers using the Inferno Drainer name.
According to blockchain security firm CertiK, Inferno Drainer is recognized as “one of the most damaging phishing kits to the community we’ve seen.” Despite the closure of Inferno Drainer, CertiK notes the continued activity of other providers, including competitors such as Pink Drainer and Angel Drainer. The latter released an update on November 25 to facilitate wallet-draining on additional blockchains.
Monkey Drainer, another prominent crypto drainer that absconded with millions, ceased operations in March, citing a decision to “move on to something better.”