Fraudulent service provider Inferno Drainer announced its closure after stealing more than $80 million in total

Team behind the scam service provider Inferno Drainer announced on Telegram on November 26 that they will permanently shut down. Inferno Drainer provided users with phishing tools and took a 20% commission from the funds stolen from users. According to analysis by the Web3 anti-fraud platform Scam Sniffer, Inferno Drainer has stolen nearly $70 million in funds and has over 100,000 victims since February. However, the Inferno Drainer team claims to have stolen over $80 million. CertiK, a blockchain security company, stated that Inferno Drainer is one of the most destructive phishing toolkits in the community. Although it has been shut down, there are still many other service providers active, including competitors Pink Drainer and Angel Drainer. The latter released an update on November 25 to help users steal victims' wallet funds on more chains. (Cointelegraph)