Rose Dreyner was hit by an address poisoning scam
Rose Drainer, the popular wallet leaking group, appears to have been given a taste of their own medicine after falling victim to an “address poisoning” scam.
Crypto compliance platform MistTrack drew attention to X for the attack in a post on July 7, the hacking group lost 10 Ether (ETH) in the scam – around $30,000 at current prices – to a fake wallet address at the end of June.
MistTrack told Cointelegraph that an address poisoning scam occurs when an attacker sends a small amount of crypto from a wallet with the same address to one of the target's regular wallets, intending to mistakenly send money to the wrong wallet.
“Fraudsters have bots that look for new transactions. Because they can't crack the code on a generic address, it's possible to make the first and last characters the same as the address being used,” said Mistrac.
“So the fraudster is banking on the victim. [copy the] Not the original address of the victim, but the scam address,” he added.
Related: Angel Drainer Targets Users With Malicious Safe Contract: $403K Stolen
In this case, the attackers sent money from a wallet address to an almost identical account from Pink Drainer's previous wallet, something that successfully tricked Pink Drainer into accidentally sending the fake address a total of 10 ETH.
It comes a month after a surprise announcement from Pink Drainer on May 17, announcing that it would be shutting down the service after reaching its goal of helping steal more than $85 million worth of crypto assets.
According to Dune Analytics data, Pink Draenor has stolen $85.3 million in crypto since July 2023.
While PinkDrainer may have gone out of business, there are several other draining tool services including AngelDrainer, PussyDrainer, and VenomDrainer that help malicious actors steal crypto assets.
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