Pink Drainer Retires After Stealing $85 Million in Cryptocurrency

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The infrastructure used for attacks will be destroyed, the group promised.

The hacker group Pink Drainer announced the end of its activities, claiming to have achieved the goal of stealing $85 million in cryptocurrency . The group promised to destroy the infrastructure used for the attacks.

Pink Drainer members provided other criminals with tools to steal cryptocurrency using social engineering techniques and phishing links. As payment, they received commissions and interest from the stolen funds.

Representatives of the group thanked the community for their trust. "We have achieved our goal, and now, according to the plan, it is time to resign. After this message is published, we will start scaling back the infrastructure. All stored information will be erased and securely destroyed," says their statement, which was pointed out by on-chain researcher ZachXBT.

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Cybercriminals believe that their departure will not improve the security situation in the digital asset market, as users will continue to believe scammers and invest in scam projects.

According to the ScamSniffer portal, more than twenty thousand people became victims of intruders.

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Representatives of the Pink Drainer group announced their departure from the market in connection with the achievement of their stated goal - the theft of $85 million in cryptocurrency. The hackers’ statement, posted in one of the closed Telegram communities associated with them, drew the attention of crypto detective ZachXBT. The hackers also promised to destroy all infrastructure used for the attacks.

“We have achieved our goal and now, as planned, it is time to retire. After the publication of this message, we will begin to wind down the infrastructure. All stored information will be erased and securely destroyed,” the statement said.

Pink Drainer specialized in developing software products for stealing cryptocurrency, which were distributed through an affiliate program. In particular, social engineering methods and phishing links were widely used. As payment, community members received commissions and interest on the stolen funds. According to tracking tool ScamSniffer, more than 21 thousand people became victims of hackers.
 
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