Cryptocurrency Community Under Siege: ‘Pink Drainer’ Hacker Group Siphons Off $3 Million in Assets

An escalating cyber threat has hit the digital currency landscape as a group of
cybercriminals, dubbed “Pink Drainer,” pulled off a series of high-profile
phishing attacks, resulting in nearly $3 million in stolen cryptocurrency.

Victims pile up in the thousands, with the Mainnet and Arbitrum chains heavily
exploited. Web3-based fraud detection platform, ScamSniffer, has been closely
monitoring the group’s activities, revealing an intricate modus operandi.

“Through the analysis of stolen data