Karma served: Pink Drainer gets hit with address poisoning scam

“The scammers have been scammed” — notorious crypto-draining took kit just lost 10 ETH to a wallet poisoning attack.

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Pink Drainer, a notorious wallet-draining group has seemingly been given a taste of their own medicine after falling victim to an “address poisoning” scam.

Crypto compliance platform MistTrack drew attention to the attack in a July 7 post to X, saying the hacking group lost 10 Ether (ETH) to the scam — worth around $30,000 at current prices — to a fake wallet address in late June.

Speaking to Cointelegraph, MistTrack said an address poisoning scam occurs when an attacker sends small amounts of crypto from a wallet with a similar-looking address to one of the target’s regular wallets, hoping to trick their target into accidentally sending funds to the incorrect wallet.

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