Beware of Wallet Drainer Scam Targeting Etherscan Users

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Beware of Wallet Drainer Scam Targeting Etherscan Users
Wallet Drainer ScamPhishing CampaignEtherscan
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A major phishing campaign is actively targeting Etherscan users by luring them into fake websites and draining their crypto wallets. The scam has spread beyond Etherscan and is appearing on popular search engines and social media platforms.

The wallet drainer scam involves luring users into fake websites and prompting them to link their crypto wallets and eventually draining all funds.

A number of advertisements on Ethereum blockchain explorer Etherscan have been identified as part of a major phishing campaign that is actively targeting Etherscan users. On April 8, X community member McBiblets identified some advertisements on Etherscan as wallet drainers, warning users against being redirected to phishing websites when clicking on such advertisements.Picking up on McBiblets’ lead, Web3 anti-scam platform Scam Sniffer found that the phishing advertisements spread beyond Etherscan and were showing up on popular search engines like Google, Bing and DuckDuckGo, and social media platform X.

The wallet drainer scam involves luring users to fake websites and prompting them to link their crypto wallets. Once linked, the scammer can withdraw funds into their personal wallet addresses without user authentication or permission.is suspected of running the ongoing phishing attack campaign against Etherscan users. However, concrete evidence about the scammers’ identity remains unidentified at the time of writing.

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