Sunday, October 20, 2024

Scam-as-a-Service

From Web3 is Going Just Great, September 28:

A victim lost 12,083 spWETH tokens (~$32.4 million) after signing a malicious transaction stemming from someone using wallet drainer software. These drainers are "scam-as-a-service" products, where the drainer creators allow others to operate the drainer software in exchange for a 20% cut of stolen funds....

Web3 is Going Just Great homepage for more recent stories

Molly's running total of thefts is up to $75 billion. Starting to add up to real money.