Crypto-Seeking Drainer Scam-as-a-Service Operations Thrive

$295 Million in Digital Assets Lost Last Year to Wallet Drainers, Researchers Warn
Cryptocurrency phishing scams designed to send crypto owners to fake versions of legitimate sites, recently disseminated via hijacked high-profile social media accounts, highlight the ongoing use of drainer scam-as-a-service offerings, which researchers say last year led to $295 million in losses.

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