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Post: Phishing Group Angel Drainer Steals $400,000 from 128 Crypto Wallets

Phishing Group Angel Drainer Steals $400,000 from 128 Crypto Wallets

Key Points:

  • The phishing group Angel Drainer has stolen over $400,000 from 128 crypto wallets.
  • They deployed a malicious Safe vault contract that used Etherscan’s verification tool to deceive victims.
  • 128 wallets signed a “Permit2” transaction on the contract, resulting in the theft of $403,000.

Insight:

Angel Drainer, a well-known phishing group, has successfully executed a new attack vector to steal funds from crypto wallets. In this attack, they deployed a malicious Safe vault contract that masqueraded as a legitimate contract using Etherscan’s verification tool. This allowed the attackers to give victims a false sense of security. A total of 128 wallets fell victim to this scam and inadvertently signed a “Permit2” transaction on the contract, resulting in the theft of $403,000. The incident highlights the importance of staying vigilant and verifying the authenticity of smart contracts and wallets.

Hot Take:

This recent attack by Angel Drainer is a reminder that even the most seemingly secure platforms can be vulnerable to sophisticated phishing attacks. It is crucial for users to exercise caution when interacting with smart contracts and to double-check their authenticity before making any transactions. As the cryptocurrency space continues to evolve, users must stay educated and informed to protect their assets from malicious actors.

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