Phishing attempts using taken-over Discord servers and Twitter accounts often use NFT drainers like Inferno and Venom.
These drainers have already been deployed to syphon $73 million from over 32,000 wallets and have destroyed over 900 infected Discord servers. We investigate the shadowy network behind these assaults and find out who is behind them.
Consider Orbiter Finance as an example. A fake journalist posing as a representative of a cryptocurrency news outlet contacted a Discord administrator last month, requesting that the individual fill out a questionnaire. The administrator of the Discord server didn’t realise that they were giving up power by doing this.
Once inside, the attacker blocked the ability of other administrators to make changes to the server and prevented community members from sending private messages. They announced a fake airdrop, a phishing site set up to steal users’ NFTs. So far, so good. The squad could only watch as they made off with NFTs and tokens valued over a million dollars.
“We were so concerned,” Gwen, a business development manager at Orbiter Finance, said in an interview. Damage to [our community members] will only result in them losing faith in us.
There has been a spate of vulnerabilities using NFT drainers and hacked Discord servers or Twitter accounts, the most recent being the Orbiter assault. Since December 2021, at least 900 Discord servers have been infiltrated for use in phishing assaults, according to data gathered by OKHotshot, an NFT analyst and security expert.
According to information compiled by PeckShield and many dashboards on Dune Analytics, at least 32,000 victim wallets have been affected by such assaults over the last nine months. Hackers have made off with $73 million worth of NFTs and tokens.
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