Inside Pink Drainer: Security analyst defends his crypto scam franchise

Security analyst turned wallet-draining kingpin “Pink” defends millions stolen from “participants” who fell victim to his crypto scam kit.

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When crypto investor Ronald Mol clicked on an airdrop link shared by a trusted moderator in a Discord channel, little did he know the account had been taken over by a scammer equipped with the notorious Pink Drainer kit. 

I felt like a real dumbass. How could I have been so stupid to fall for this? Mol tells Magazine.

In draining kits, a developer or a team provides cybercriminals with a script alongside a tutorial on how to use it in exchange for a fee.

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