Phishing Scammer Steals $1M in ETH and NFTs in a Day, Remains Active
In late October, on-chain investigator and crypto Twitter community member @ZachXBT notified his followers that a phishing scammer known as Monkey Drainer had stolen the equivalent of 700 ETH worth around $1 million at the time and several NFTs in 24 hours.
One victim of Monkey Drainer lost $370k in digital assets. A second victim lost several NFTs, including 1 BAYC, 1 CloneX, 36k USDC, and 12 other NFTs worth $150k. A third victim almost lost $6.2 million worth of crypto in their wallet, but only $220k was stolen as they managed to reject any additional malicious transactions
In this article, we explore the following:
- How Monkey Drainer carried out their phishing attacks using fake websites
- How Monkey Drainer’s Ethereum addresses hint, they are still active
- How Google search results continue to be plagued by fake phishing websites
- How phishing scams are continually evolving to trick NFT and crypto holders into parting with the hard-earned digital assets
- How to stay vigilant and protect yourself from phishing scams
Please read all about it in our blog article through the link below.
Follow us: