'MS Drainer' scammers used Google Ads to swipe $59M in crypto: Report

From cointelegraph.com

Scammers used a wallet draining service called “MS Drainer” to siphon approximately $59 million in crypto from victims over the past nine months, according to a Dec. 21 report on X (formerly Twitter) from blockchain security platform Scam Sniffer. The scammers used Google Ads to target victims with fake versions of popular crypto sites, including Zapper, Lido, Stargate, DefiLlama, Orbiter Finance, and Radient, the report states. tweet Wallet drainers are blockchain protocols that allow scammers to transfer crypto from a victim to the attacker without their consent, usually by exploiting the token approval ... (full story)