The developers of Pink Drainer, a wallet drainer service linked to the theft of millions of dollars in assets, have decided to wind down its infrastructure.

“We have reached our goal and now, according to plan, it’s time to for us to retire,” the developers said in a Telegram announcement, as first noted by on-chain sleuth ZachXBT. “After this message’s publication, we will begin winding down all of our infrastructure. All stored information will be wiped and securely destroyed.”

Pink Drainer offers a software kit that cybercriminals use to steal crypto assets by exploiting technical vulnerabilities that rely heavily on social engineering tactics and distributing phishing links. Such schemes use malicious phishing sites to trick users into signing transactions that drain …