A group of "devastators" of Pink Drainer wallets has become a victim of address poisoning fraud.
Scamming the scammer 🤣
It seems like an address associated with the Pink Drainer fell victim to the address poisoning scam.
Pink Drainer: 0x8980ab6d185af9bcc10292d4e91ae4c0b4f14213
Real: 0xEfF0E5244d5C78Ba4DD6bc01082576280558f58A
Fake:… pic.twitter.com/1CCWTufeZv
The incident, which occurred on June 27, drew the attention of analysts of the MistTrack platform. According to them, the hackers sent 10 ETH worth about $30,000 to a fake address that mimicked their own.
Poisoning fraud occurs when an attacker sends a small amount of digital assets from a wallet with a similar address in order to confuse the victim and force her to use incorrect data.
"Scammers have bots that are looking for new transactions. Since they cannot replace the entire address, it is possible to make only the first and last few characters look similar. Thus, the fraudster expects the victim to [copy] the address instead of the original one," MistTrack experts noted in an interview with Cointelegraph.
In the case of Pink Drainer, "the poisoned address duplicated the first and last five characters.
Comparison of the Pink Drainer wallet and the "poisoned" address. Data: Cointelegraph.In May, it became known that the hacker group had "curtailed its activities" after achieving a financial goal.
According to the Dune dashboard, hackers have stolen over $85 million from more than 21,000 victims since July 2023.
A previously unknown person stole 22,960 ETH (~$67.1 million) by "poisoning" the address. He later returned all funds to the affected user.
Recall that in May, Binance introduced a mechanism to combat this type of scam. The algorithm detects fake addresses, first identifying suspicious transfers such as transactions with almost zero value or with low-value tokens.