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This devious malware pretends to be Coinbase – but really it’s just draining all your accounts

January 16, 2024

Via: TechRadar

Hackers were pretending to be Coinbase and used well-crafted phishing pages to steal people’s cryptocurrency hauls, according to a report from cybersecurity researchers Group-IB.

As per the report, between November 2022 and 2023, an unnamed group of hackers operated a malware-as-a-service, called Inferno Drainer.

As the name suggests, this type of malware is capable of draining all of the funds found in people’s cryptocurrency wallets, including both fungible and non-fungible tokens (NFT). Other threat actors would use the drainer, and give 20% of all the profits to the operators.

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