Scam Alert

Monkey Drainer Scammer Keeps Stealing NFTs Worth $800,000

392 days ago - Around 1 mins mins to read

According to blockchain investigator ZachXBT, the infamous non-fungible token (NFT) scammer Monkey Drainer has stolen CryptoPunk and Otherside NFTs valued at $800,000.

Monkey Drainer Scammer Keeps Stealing NFTs Worth $800,000

The hack was the second in as many weeks, following the phishing scammer’s theft of cryptocurrency and NFTs valued at $1 million on October 25.

Monkey Drainer just stole another 7 Crypto Punks and 20 Otherside NFTs worth $800k (520 ETH)

0xc2C05F11f6e4Dfba016982811Ab12c361E63f466 pic.twitter.com/9VXNrUSrKT
— ZachXBT (@zachxbt) November 4, 2022

According to blockchain security company PeckShield, the wallet known as Monkey Drainer this time took seven CryptoPunks and twenty Otherside NFTs before flushing the ill-gotten profits through the anonymous coin mixer Tornado Cash.

#PeckShieldAlert @zachxbt has detected that Monkey Drainer grabbed ~ 7 CryptoPunks & ~20 Otherdeed #NFT
0xc…466 has transferred ~120 $ETH to Monkey Drainer 0x8…fB8 and 200 $ETH into Tornado cash https://t.co/MpJQoZjYWl pic.twitter.com/qdbFVPI6yY
— PeckShieldAlert (@PeckShieldAlert) November 4, 2022

The most serious month for attacks since the advent of cryptocurrencies, October saw more than $718 million stolen across decentralized finance (DeFi) protocols within the first two weeks of the month, setting off the newest attack. Prominent among the crashes was the Mango Market event that Coincu reported.

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