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Crypto Phishing Group Strikes Again: Angel Drainer Siphons $40 | Crypto Miami

Crypto Phishing Group Strikes Again: Angel Drainer Siphons $400K from 128 Wallets

In a daring move, the notorious crypto phishing group Angel Drainer has made off with a staggering $400,000 from unsuspecting victims. Their weapon of choice? A devious malicious vault contract.

Blockchain security firm Blockaid uncovered this audacious attack, revealing that Angel Drainer cleverly exploited Etherscan's verification tool to mask their nefarious intentions.

At the crack of dawn on February 12, the trap was set. Angel Drainer unleashed their Safe vault contract, luring users into a false sense of security. Little did they know, they were signing away their digital fortunes.

With a single click, the 'Permit2' transaction sealed the fate of 128 wallets, leaving them empty and echoing with loss. The damage? A hefty sum of $403,000.

Blockaid was quick to clarify that this wasn't an assault on Safe itself, but a calculated ploy to exploit Etherscan's verification flag. They promptly alerted Safe and are working tirelessly to minimize further harm.