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$80M in Crypto Disappears Into Drainer-as-a-Service Malware Hell

ID: 55ad57f9-f4d5-5d29-8ed1-7a0680125b93

STIX ID: report--55ad57f9-f4d5-5d29-8ed1-7a0680125b93

Feed Name: Dark Reading

Threat Score
75/100

Date Published: 2024-01-17

Date Updated: 2026-04-21

Author: Tara Seals, Managing Editor, News, Dark Reading

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Inferno Drainer was a large-scale crypto-phishing campaign (Nov 2022–Nov 2023) that stole over $80M from ~137,000 victims by hosting 16,000+ spoofed domains and deploying drainer scripts that impersonated Web3 brands; operators offered the malware and infrastructure as a rentable service via Telegram, enabling affiliates to customize campaigns and share proceeds, and researchers warn this model will likely spur further drainer activity.

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