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MS Drainer : Scammers use Google, X ads to steal $59 million in crypto from 63K victims, says report : The Tribune India

MS Drainer : Scammers use Google, X ads to steal $59 million in crypto from 63K victims, says report : The Tribune India
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Scammers use Google, X ads to steal $59 mn in crypto from 63K victims: Report

Scammers have used a wallet draining service called "MS Drainer" to steal nearly $58.98 million in crypto from about 63,210 victims over the past nine months, as per a new report.According to blockchain security platform Scam Sniffer, .

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Scammers use Google, X ads to steal $59m in crypto from 63,000 victims

Further investigation found that the MS Drainer developer used an odd marketing strategy

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MS Drainer: Scammers Use Google, X Ads To Steal USD 59 Million in Crypto From 63,000 Victims, Says Report

Wallet drainers are blockchain technologies that enable scammers to transfer cryptocurrency from a victim to the attacker without the victim's knowledge, typically by manipulating the token approval process. MS Drainer: Scammers Use Google, X Ads To Steal USD 59 Million in Crypto From 63,000 Victims, Says Report.

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