USDT ANDY KARRAT Smidge Phishing Inferno Drainer

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Inferno Drainer

Victim 0x7eC6...8Ada was heavily invested in a lot of stablecoins and small cap coins including $USDT, $ANDY, $KARRAT, and $Smidge when they came across a realistic phishing website. They authorized the withdrawal of all their tokens, worth $65k, from their wallet. It is unknown what actions have been taken towards the rescovery of any assets.[1][2][3][4]

About 0x7eC6...8Ada

0x7eC6...8Ada was heavily invested in a lot of stablecoins and small cap coins including $USDT, $ANDY, $KARRAT, and $Smidge

The Reality

This sections is included if a case involved deception or information that was unknown at the time. Examples include:

  • When the service was actually started (if different than the "official story").
  • Who actually ran a service and their own personal history.
  • How the service was structured behind the scenes. (For example, there was no "trading bot".)
  • Details of what audits reported and how vulnerabilities were missed during auditing.

What Happened

"Address 0x7eC6...8Ada fallen victim to a phishing scheme, and lost ～$65K worth of $USDT, $ANDY, $KARRAT, and $Smidge."

Key Event Timeline - USDT ANDY KARRAT Smidge Phishing Inferno Drainer
Date Event Description
June 5th, 2024 12:44:47 AM MDT Blockchain Transaction The funds are taken from the victim on the blockchain.
June 5th, 2024 1:15:00 AM MDT CyversAlert Tweet CyversAlert posts a tweet including the phishing attack transaction and a high level analysis of what happened.
June 5th, 2024 1:45:00 AM MDT ChainAegis Tweet ChainAegis posts a tweet with an analysis of the phishing attack transaction.

Technical Details

"Victim: 0x7eC689dB1EfcE409392Fc7110c4cd57604bC8Ada

Scammers: 0x3fD33c17881e9d013e902e023157267E094D5E63 0xFC4EAA4ac84D00f1C5854113581F881b42b4A745 0x0000db5c8B030ae20308ac975898E09741e70000"

Total Amount Lost

"～$65K worth of $USDT, $ANDY, $KARRAT, and $Smidge."

The total amount lost has been estimated at $65,000 USD.

Immediate Reactions

How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?

Ultimate Outcome

What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?

Total Amount Recovered

There do not appear to have been any funds recovered in this case.

What funds were recovered? What funds were reimbursed for those affected users?

Ongoing Developments

What parts of this case are still remaining to be concluded?

Individual Prevention Policies

No specific policies for individual prevention have yet been identified in this case.

For the full list of how to protect your funds as an individual, check our Prevention Policies for Individuals guide.

Platform Prevention Policies

Policies for platforms to take to prevent this situation have not yet been selected in this case.

For the full list of how to protect your funds as a financial service, check our Prevention Policies for Platforms guide.

Regulatory Prevention Policies

No specific regulatory policies have yet been identified in this case.

For the full list of regulatory policies that can prevent loss, check our Prevention Policies for Regulators guide.

References

  1. ↑ @ChainAegis Twitter (Accessed Jul 3, 2024)
  2. ↑ ChainAegis (Accessed Jul 3, 2024)
  3. ↑ List of Crypto Phishing Attacks - ImmuneBytes (Accessed Jul 3, 2024)
  4. ↑ Nexandria Block Explorer (Accessed Jul 3, 2024)
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