Alert! Inferno Drainer Returns to Operation After Losing Millions of Dollars

Bittime - Shocking news comes from the world of blockchain security. Inferno Drainer, a multi-chain fraud service providerthat is alleged to have stolen over $250 million, has just announced the reopening of their services.

The Return of the Inferno Drainer Revealed by Security Experts

Security expert Plumferno, through a post on May 21, 2024, revealed that Inferno Drainer has announced "return to operations" in their online community. This group claims to have been operating behind closed doors for the last 6 months.

Source: @Plumferno/X

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Inferno Drainer Claims: Reorganization and Increase in Crime

In its announcement, Inferno Drainer said it had "new employees, new work methods, new support and new features." Even more chilling, they admitted to stealing an additional $125 million from victims during the period of the covert operation.

Not only that, Inferno also provides several other advantages to break even further, such as:

• Supported by 28 chains (Ethereum, Optimism, Cronos, BSC, Gnosis, Fuse, Polygon, Manta, Fantom, Fraxtal, zkSync, Pulse, Polygon zkEVM, Moonbeam, Moonriver, Merlin, Mantle, Base, Mode, Arbitrum, Celo, zkFair, Avalanche, Linea, Blast, Scroll, Degen, Aurora).
• Hundreds of new protocols are supported including lending, staking, LP, yield, and even specific protocols such as Maker or Swell.
• Widest asset and method support across every supported chain.
• Many new features make Inferno much better than before.

This is clearly a warning signal for cryptocurrencies. No one knows who will be affected in future crimes.

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Total Losses Reach More Than $250 Million

With this admission, the total losses caused by Inferno Drainer are now estimated at more than $250 million. This is certainly a warning for crypto users to always be alert to fraudulent practices and maintain the security of their crypto assets.

Authorities Called to Act

Cybersecurity experts urge crypto users to always be careful and research the platforms they use. Never share your crypto wallet key details with third parties.

Relevant authorities are urged to take strict action against criminal organizations such as Inferno Drainer. International cooperation and strong law enforcement are needed to stop criminal activity in the blockchain world.

An Uncertain Future

With the return of Inferno Drainer, the future of crypto security is increasingly in question. Improvements in blockchain security technology and user education are needed to prevent greater losses in the future.

Frequently Asked Questions About Inferno Draine

1. Who is Inferno Drainer?

Inferno Drainer is a multi-chain fraud service provider designed to steal cryptocurrency from users' digital wallets. They operate by:offering software or services to criminals to connect victims' crypto wallets to their infrastructure. This software then steals crypto assets from the victim's wallet.

2. What is Drainer in crypto?

In the context of crypto, “drainer” refers to a technique or tool used by an attacker to drain or steal funds from a victim's digital wallet. This method is often associated with phishing attacks, malware, or exploits on smart contracts. 

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How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via  Bittime .  Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Monitor price chart movements  of Bitcoin (BTC) ,  Ethereum (ETH) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER:  This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.