Ton-based wallet drain closes, eyes Bitcoin

A wallet on the Open Network (Ton) claimed to be shutting down the drain and directed its users to another crypt-draining service.

On October 7, Web3 Anti-Fraud Solution shared a screenshot of a ton-based wallet leak that revealed a fraud sniffer had been shut down. The wallet leaker says there isn't enough cryptocurrency in the community, which is bad for his business. The hackers wrote:

“We close because there aren't tons of whales and it's a small community.”

A wallet drain instructs its users to drain Bitcoin (BTC) instead. In the announcement, the hackers said that their users would “love” to dump BTC if they “enjoyed dumping” it.

The sewer has introduced a separate service and said the tonnage-based sewer will not be refunded.

Sewers began to see tons in June

In a previous Cointelegraph interview, Blockade founder Raz Niv said that we've seen a lot of sewers have tons of demand. Niv explained:

“We're seeing a lot of sewers showing more interest in the ton ecosystem. [because] There is a lot of value by the ton.

A ton mining machine has been spotted scamming users with 5,000 USDt (USDT) fake transactions. The scam used the Tone Comment feature, which allows transmissions to include a custom message, essentially obscuring the true intent of the signatures.

Transfer messages show key symbols such as “Receive 5,000 USDT” and “Confirm”. The token flush starts when a user signs the transaction.

In May, Scam Sniffer said this method was used to mine 22,000 Toncoin (TON) tokens, worth more than $150,000 at the time.

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Phishing scams cost $46 million in September.

Meanwhile, Scam Sniffer data shows that around 10,800 victims were affected by phishing attacks in September, and around $46.6 million in digital assets were lost to phishing last month. Most of the loss was in a single transaction of more than 32 million dollars in crypto.

Phishing attacks trick crypto holders into linking their wallets to scams such as drains. This allows malicious actors to withdraw victim funds without further authentication.

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