A development team known for creating the Nova Drainer wallet phishing protocol, named Crypto Grab, has taken a bold step by officially registering as a business within the United Kingdom.

This registration marks an unconventional move for a team that produces a product categorised as "scam-as-a-service," aiming at phishing unsuspecting victims.

Blockchain security company CertiK highlighted that Crypto Grab's business registration was conducted through Companies House, the UK Government's agency responsible for business operations oversight.

This strategic move, as explained by Crypto Grab, is aimed at legitimising their operations to facilitate the acquisition of Extended Validation Certificates (EV SSL), which are crucial for enhancing their service's perceived trustworthiness among potential clients.