ERC20 wallet drainer receives UK business registration

A developer of the Nova Drainer phishing protocol has officially registered as a business in the UK.

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A development team that produces a scam-as-a-service wallet drainer has taken the unusual step of registering as a business in the UK. 

According to blockchain security firm CertiK, the phishing software developer, Crypto Grab, produces the “Nova Drainer” application as a “drainer” or “phishing” product. The company has become listed on the official website of Companies House, the UK Government agency that oversees business registrations.

CryptoGrab has argued that this business registration will allow it to be seen as legitimate, helping it to obtain EV SSL certificates (Extended Validation Certificates). 

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