Hackers and cybercriminals have continued accelerating scam attacks in the crypto space in recent weeks. In yet another scam, notorious hackers have stolen more than $3.5 million in Ethereum in a recent elaborate phishing attack.

In an October 26 blog post, ZachXBT, a prominent on-chain sleuth and rug pull survivor who turned 2D detective, reported that a phishing scammer known as Monkey Drainer had stolen more than $3.5 million in crypto and NFTs.

Monkey Drainer Stole $3.5M In A Phishing Attack

According to the on-chain sleuth, the notorious phishing scammer has successfully managed to walk away with about 700 Ether (ETH) in the form of crypto and non-fungible tokens in the past 24 hours.

The two largest victims in the phishing attack included 0x02a and 0x626, who collectively lost more than $370,000 after signing transactions on Monkey Drainer phishing sites. During the incident, 0x02a lost 1 Bored Ape Yacht Club (BAYC) collection, 1 CloneX, 36,000 USDC and 12 other non-fungible tokens (NFT) worth in total around $150,000.

On the other hand, victim 0x626, who held more than $6.2 million worth of NFTs and crypto at the time, luckily managed to lose just $220,000.Those two victims were among many who had reported losing their funds from the Monkey Drainer attack.

In a subsequent tweet, ZachXBT noted that the total amount of stolen digital assets in the scam now exceeds $3.5 million and is increasing daily as people continue sharing reports. However, ZachXBT has warned crypto users to be extra careful before visiting unknown sites, connecting their wallets, and signing transactions.

Rug Pull Survivor Turns A Scam Detective

After falling victim to a crypto phishing attack, the prominent on-chain sleuth “ZachXBT” has continued taking strong stands in the fight against crypto scams to save more people from losing their digital assets.

In August, ZachXBT unmasked another phishing scam. At the time, hackers had defrauded users more than $2.5 million of NFTs. Fortunately, five people linked to the scam, which involved the Bored Ape Yacht Club NFT collection, were successfully intercepted in Paris earlier this month.