New ‘Inferno Drainer’ scam as a service has reportedly helped scammers steal over $5.9 million since March.
The scam service was discovered by security enthusiast and pseudonymous Twitter user 0xSaiyanElite, who happened to run across a promoter of it while browsing the Scam Sniffer Telegram channel. Saiyan reported the scammer to the channel, and the security service began an investigation. They found a screenshot showing a $103,000 drain transaction using a Permit2 exploit.
Scam Sniffer then found the said address was associated with over 689 phishing websites created since March 27 and had drained $5.9 million from victims on various networks, including Ethereum, Arbitrum, Polygon, and BNB Chain. Scam SnifferAccording to the report, Inferno Drainer advertised its “service” to scammers in return for 20% of profits. It even offered to build phishing sites for customers in exchange for 30%, but only for “good customers or people with big potential.
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