Crypto investor loses $6.9 million in Inferno Drainer phishing scam

Cryptocurrencies

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A crypto investor fell victim to a sophisticated phishing scam, losing 1,807 Ether.fi-Liquid1 tokens worth $6.9 million.

The phishing attack involved a malicious permit signature, enabling unauthorized transactions.

Blockchain investigator ZachXBT revealed that the same investor previously lost $638,000 in a similar scam.

The stolen funds were linked to wallets associated with Pink and Inferno Drainers, notorious for providing draining-as-a-service tools to scammers.

Despite Pink Drainer's recent retirement, Inferno Drainer continues to operate, underscoring the ongoing threat of phishing attacks in the crypto space.