TON-based wallet drainer shuts down, eyes Bitcoin
A wallet drainer on (TON) said it was shutting down and directed its users to a different crypto-draining service.
On Oct. 7, Web3 anti-scam solution Scam Sniffer shared a screenshot of a TON-based wallet drainer announcing its shutdown. The wallet drainer said there were not enough crypto whales in the community, which was bad for its business. The hackers wrote:
“Due to TON not having whales and it being a small community, we will close.”
The wallet drainer directed its users to drain Bitcoin BTC$63,694.65 instead. In the announcement, the hackers said that if their users “enjoyed draining” on TON, they would also “love” draining BTC.
The drainer advertised a different service and said its TON-based drainer would not return.
Blockaid co-founder Raz Niv said they’ve seen more drainers become interested in TON. Niv explained:
“We’re seeing a lot of drainers become more and more interested in the TON ecosystem [because] there is so much value streamed through TON.”
A TON drainer was also detected baiting users with a fake 5,000 USDt USDT$0.9997 transaction. The scam used TON’s comment feature, which lets transfers include a custom message, essentially masking the real purpose of signatures.
Transfer messages show signs like “Receive 5,000 USDT” and a “Confirm” button. When a user signs the transaction, the token drain commences.
In May, Scam Sniffer said that the trick had already been used to drain 22,000 Toncoin TON$5.30 tokens, worth over $150,000 at the time.
Meanwhile, Scam Sniffer data showed that about 10,800 victims were affected by phishing attacks in September and that about $46.6 million in digital assets was lost to phishing last month. Most of the losses came from one phishing transaction draining over $32 million in crypto.
Phishing attacks trick crypto holders into linking their wallets to fraudulent services like drainers. This allows the malicious actors to withdraw their victim’s funds without further authentication.
