Notorious wallet-draining group Inferno Drainer tried to pass $530,000 worth of stolen ETH through Railgun but discovered pretty soon after that it couldn’t.
Crypto privacy protocol Railgun’s built-in tool to filter out bad actors has seemingly foiled Inferno Drainer’s latest attempt to launder its stolen cash.
In a July 10 post to X, MistTrack noted that a July 9 attempt to launder a little over 174 Ether (ETH) — worth $533,000 at current prices — was blocked by Railgun, forcing them to send the stolen ETH back to Inferno’s original wallet address.
Railgun contributor Alan Scott Jr told Cointelegraph that Inferno’s malicious attempt to use the Ethereum-based privacy protocol was rejected by Railgun’s automated Private Proofs of Innocence (Private POI) system.