In an paradoxical twist, the hacking group Pink Drainer fell victim to an address poisoning fraud, resulting in a loss of 10 Ether, equivalent to $30,000. This occurrence, comprehensive by crypto compliance platform MistTrack on July 7, highlights the relentless risks in the crypto area, even for those who commit scams themselves.
Scamming the fraudster 🤣
It appears like an address associated with the Pink Drainer fell victim to the address poisoning rip-off.
Pink Drainer: 0x8980ab6d185af9bcc10292d4e91ae4c0b4f14213
Real: 0xEfF0E5244d5C78Ba4DD6bc01082576280558f58A
Fake:… pic.twitter.com/1CCWTufeZv— MistTrack🕵️ (@MistTrack_io) July 7, 2024
The Sting of Address Poisoning
Pink Drainer, a infamous cybercriminal group, lost 10 Ether to a fraudster’s wallet in late June after falling for a shrewd technique understood as address poisoning. In this type of rip-off, the assaulter sendsout a little quantity of cryptocurrency from a wallet with an address practically similar to the target’s, varying by just one sign.
This technique is developed to technique the target into sendingout a big amount of cash to the fraudster’s address, erroneously thinking it is their own.
How the Scam Worked
According to MistTrack, the s