Inferno Drainer Transfers $2.7 Million Crypto to eXch

Inferno Drainer Transfers $2.7 Million Crypto to eXch

Inferno Drainer, who was responsible for draining 55.4 million DAI in a phishing attack, has transferred $2.7 million worth of cryptocurrency to eXch, a cryptocurrency transaction mixing platform. The transfer, which occurred over the last two days, included 1.145 million DAI and 708 ETH. This activity was reported by blockchain security firm PeckShieldAlert. PeckShieldAlert has been tracking the Inferno drainer's activity since the phishing attack. The firm has noted that the drainer has been moving the stolen funds through various exchanges and mixers in an attempt to launder the money. The transfer to eXch is the latest in a series of transactions made by the Inferno drainer. On October 20, the drainer transferred 1 million DAI to the decentralized exchange 1inch. The drainer also transferred 2 million DAI to the decentralized exchange Uniswap on October 21. The Inferno drainer's activity is a reminder of the risks of phishing attacks. Phishing attacks are designed to trick people into giving up their personal information, such as their passwords or private keys. Once a phisher has access to this information, they can steal funds from the victim's cryptocurrency wallet. Users should be aware of the risks of phishing attacks and take steps to protect themselves. These steps include: - Never clicking on links or opening attachments in emails from unknown senders - Using a strong password and enabling two-factor authentication on your cryptocurrency exchange account - Storing your cryptocurrency in a hardware wallet