TheteambehindtheinfamouscryptowalletdrainingprojectInfernohastransferredcontrolofitskittorivaldrainingasaservice(DaaS)provider,AngelDrainerteam.InanannouncementsharedonXbyScamSniffer,InfernoDrainersaiditwastimetoquit.

AccordingtotheInfernodevelopers,quittingwasnoteasy.Still,ithasidentifiedtheAngelDrainerteamascapableofmanagingtheplatformandistrustednottoscamorexploitanotherdrainer.

Itsaid:

“WefindtheAngelDrainerteamcompetentenoughtomaintainthedrainer(whilekeepingourcodebaseandfeaturessuchas200+protocols,autoclaims,bypassesaswellasmanybigpendingupdates,newpanelwithlogshandlingandmanyotherthings)astheyhaveshowntheycouldbetrusted.”

Meanwhile,theInfernoteamsaidthetransferwouldnotaffecttheplatform’soperations.Customerscanstillaccessitsdrainingservicesusingthesamelogindetails.Withthetakeover,itappearsthattheInfernoandAngeltoolkitswillbecomeasingleproduct.

TheannouncementmarksthesecondtimetheInfernoteamwillquititsDaaSoperations.ItinitiallydidsoinNovember2023afterhelpingscammersstealover$80million,butlaterreturnedin2024tosayithasbeenoperatingstealthilyforsixmonths.

InfernoDrainerAssetTransfers(Source:ScamSniffer)

However,theteamappearstobequittingforgoodnow,asithasalreadytransferredthe2,845ETH($7.5million)instolenfundsfromitsfeeaddresstootheraddresses.Thefeeaddressforthedrainingplatformhasalsobeenchangedon-chain,suggestingthatsomeoneelsehastakencontroloftheplatform.

AngelDrainerissettobecomepowerful

Withwhatseemslikeamergerbetweenthetwoplatformsthathelpscammersandbadactorsdraincryptowallets,AngelDrainerissettoinheritamassiveinfrastructure.Ifaddedtoitsexistingtoolkit,theplatformcouldbecomeoneofthebiggestDaaSprovidersandamajorthreattocryptousers.

AngelDraineriscurrentlyoneoftheforemostDaaS,withmorethan$25millionincryptoscamsconnectedtoit.However,itbrieflyshutdowninJulyaftersecurityfirmMatchSystemsclaimedthatithadmadesignificantprogressindeanonymizingthetool’sdevelopers.

ItreturnedinAugustand,accordingtosecurityexpertsatBlockaid,hasbecomemoreadvanced.TheBlockaidteamobservedthatithasanimprovedversionknownasAngelX.Thenewsystemreportedlycandeploymaliciousdecentralizedapplications(dApps)thatstealusers’assets,withmorethan300dAppslaunchedbyearlySeptember.

PerhapsamoresignificantconcernisthatAngelDrainer’snewsystemsupportsphishingappsthattargetusersonemerginglayer-1blockchainnetworkssuchasTronandTheOpenNetwork(TON).Blockaidnotedthatthesenetworks,whichareintheirearlystages,havelimitedsecuritytoolsandsupport,makingthemafertilegroundforscammers.

Drainer-as-a-servicecontinuestogrow

Meanwhile,theAngelandInfernoDrainersmergerhighlightshowDaaSplatformshavebecomeabusinessmodelforbadactorsinthecryptospace.Theseplatforms,whichprovidecryptodrainersandothersoftwaretoolsthatsupportscammersandothercybercriminalsforapercentageofstolenfunds,havecontinuedtogrowinprominenceinrecentyears.

However,theyhavealsofacedsomechallengesasblockchainsecuritytoolscontinuetobecomemoreadvanced.WhilemostoftheseplatformsprovidemaliciouslinksanddApps,therearenowtoolstodetectandblockthoselinksandapps.Thishasalreadyledtosomedrainers,suchasPinkDrainerandVioletDrainer,shuttingdown.

Nevertheless,mergerssuchasthissuggestbadactorsmightnowbeteamingupalsotoimprovetheirabilitiesandstandabetterchance.

cryptopolitan.com